Netflix

Warner CEO Zaslav poised to become billionaire from Netflix deal

[NEW YORK] Netflix’s US$72 billion acquisition of Warner Bros Discovery is a coup for stockholders, whose shares are being bought for more than triple what they were worth as recently as April. 

Analysts say Netflix is driven by a desire to lock up long-term rights to hit shows and films and rely less on outside studios.

Netflix to buy Warner Bros Discovery’s studios, streaming unit for US$72 billion

The deal will further tilt the power balance in Hollywood in favour of the streaming giant

Warner Bros Discovery has been exploring a sale of all or part of its business, which includes film and television studios.

Netflix, Warner Bros Discovery combo seen lowering costs for consumers: sources

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Warner Bros officially put itself up for sale in October after receiving multiple unsolicited offers for all or part of the company.

Warner Bros gets mostly cash Netflix offer in new round of bids

However, the company has not described the latest offers as final

Paramount is expected to bid for all of Warner Bros Discovery, including its cable television networks.

Paramount, Comcast and Netflix submit bids for Warner Bros Discovery: source

The bids represent the first step in the possible sale of all or part of the century-old Hollywood studio

This marks Netflix’s third stock split since it went public in 2002.

Netflix announces ten-for-one stock split, shares rise

Trading is expected to begin on a split-adjusted basis at the market open on Nov 17

For the fourth quarter, Netflix expects to earn US$5.45 a share on sales of US$12 billion.

Netflix says tax dispute hurt solid quarter; shares tumble

The company has expressed interest in buying some of the assets owned by Warner Bros Discovery

Netflix’s stock was the fourth-best performer in the Nasdaq 100 Index in the first six months of 2025.

Netflix expected a ‘KPop’ rally. Elon Musk and tariffs got in the way

The company’s valuation is high at about 37 times estimated earnings

Warner Music has a “tremendous catalogue” of rights to songs from legendary artists, from Madonna to Fleetwood Mac and Prince, the CEO says.

Warner Music in talks with Netflix for films about its artists

Music biopics, documentaries and adjacent programming featuring tunes from prominent artists have become an essential business for labels and rightsholders who want to keep their catalogues relevant