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Michael O’Leary

Michael O’Leary

CEO, Cinema United (theater owners’ trade group)

Appears in 1 story

Notable Quotes

O’Leary warned that “theaters will close, communities will suffer, jobs will be lost” if the deal proceeds under Netflix’s current business model. ([washingtonpost.com](https://www.washingtonpost.com/business/2025/12/05/netflix-warner-acquisition-studio-hbo-streaming/70e6a8c8-d1d7-11f0-92cb-561ee4e6a771_story.html?utm_source=openai))

Stories

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

Money Moves

Leading organized opposition from movie theaters

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