Netflix will buy Warner Bros. studios and streaming for 72 billion dinars

Prior to the completion of the sale, Warner Bros. will carry out the planned spin-off of its major cable networks. The networks CNN, TBS and TNT will be transferred to an independent company, a move that disconnects the linear assets that are in sharp decline from the studio and digital assets that interest Netflix. In the last quarter, Warner’s cable network division recorded a 23 percent drop in revenue due to viewer abandonment and a weakening of advertising.

HBO’s iconic library

The acquisition marks an unusual strategic shift for Netflix. For almost three decades the company grew without its own studio and became an entertainment powerhouse through the acquisition of content from others, and later also invested in original productions. The current purchase gives it not only the HBO network but also the company’s iconic library that includes series such as The Sopranos, White Lotus, Friends and Game of Thrones.

In addition, it receives the Burbank studio complex and the film and television archive that includes Harry Potter and the DC universe. Warner Brothers put itself up for sale last October after receiving inquiries from various parties. Along with Netflix, we were also interested Paramount Skydance andComcast . The move was accompanied by controversy when Paramount claimed that Warner conducted an unfair process that benefited Netflix. The deal is expected to undergo a significant regulatory review in the United States and Europe. The Chairman of the Judiciary Committee in the House of Representatives, Darrel Issa, has already warned the regulators that such a merger could harm consumers. Netflix claims that their main competition does not come from the television market, but from platforms such as YouTube.

Within Hollywood the move created tensions due to Netflix’s approach to film distribution. The company usually launches movies in theaters only in a limited way, so there is a fear that Warner’s giant productions will lose their place in the traditional distribution system. Both companies ended the year 2024 with similar revenues of about 39 billion dollars. The studio founded in the 1920s is now joining a streaming giant that was born as a DVD delivery company by simple means. If the deal is approved it could redefine the global entertainment map and establish Netflix as the most influential content powerhouse of the coming decades.