The post Netflix Acquires Warner Bros. Discovery, Including HBO and HBO Max, For A Total Enterprise Value Of $82.7B appeared first on AfroTech. Netflix’s latest deal marks a significant update in the entertainment landscape.

A major transaction has long felt inevitable. The 2022 merger saddled the company with roughly $50 billion in debt, leaving its leadership little choice but to explore a breakup or sale. If the split proceeds, WBD CEO David Zaslav would continue leading the Warner Bros. side, and Discovery Global would be led by current CFO David Wiedenfels.

For now, the outcome remains highly uncertain. Any acquisition of Warner Bros. Discovery would likely be reviewed by the Trump administration, which could move to block a proposed merger over anti-monopoly concerns, according to antitrust experts from Vanderbilt University, the University of Tennessee and the Cardozo Law School.

"The service is set to launch in the U.K. and Ireland in early 2026, completing its European rollout," says Warner Bros. Discovery.

If the deal goes through with intervention from the US Government, it would give Netflix access to the vast library of Warner Bros. Discovery content, including the Harry Potter and DC Comics franchises. HBO Max and all of the HBO shows are included in the package.

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On December 8, 2025, Paramount Skydance submitted an unsolicited all‑cash bid to acquire Warner Bros. Discovery (WBD), valuing the company at approximately US$108.4 billion, or $30 per share in cash.

Netflix is making waves with a groundbreaking deal that could reshape the streaming world. However, despite the buzz surrounding the $83 billion acquisition of Warner Bros. and HBO Max, the streaming giant is reassuring its users with one simple message: "Nothing is changing today.