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Writers Guild of America (WGA)

Writers Guild of America (WGA)

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Netflix’s $82.7 billion bid for Warner Bros. rewrites the streaming wars

Money Moves

Organized labor critic of the merger

On December 5, 2025, Netflix announced a definitive deal to acquire Warner Bros.' film and television studios and streaming businesses, including HBO and HBO Max, valued at $72 billion in equity and $82.7 billion including debt. On January 20, 2026, the parties amended to an all-cash structure at $27.75 per share, with a shareholder vote expected by April 2026.

Updated 6 days ago