On December 5, Netflix announced that it had reached a definitive agreement to acquire Warner Bros. Discovery in a cash-and-stock transaction for $27.75 per share. The company's film studios and streaming business have an overall corporate valuation of approximately $82.7 billion (equity value of $72 billion).
The transaction is expected to be completed after Warner Bros. Discovery Inc. completes the spin-off of its global networking business, Discovery Global, and is currently projected to close in the third quarter of 2026.
(Article source: Jiemian News)
