Netflix Buys Warner Bros: The Deal That Just Changed Hollywood

By Aditya Nagar | December 09, 2025

Recently, Netflix announced a major $72 billion deal to purchase Warner Bros, one of the oldest and popular studios in Hollywood.

Warner Bros. is known for launching iconic films such as Superman, the Harry Potter series, and Casablanca, and also owns HBO and HBO Max, and has run top shows like Game of Thrones, The White Lotus, and The Sopranos.

Netflix and Warner Bros Deal

The deal follows a competitive bidding process incorporating giant media firms - Paramount and Comcast.

Before the sale finishes, Warner Bros. will delink from its cable TV partner, Discovery Global, owning Discovery Networks, TNT, CNN, and others.

According to Netflix, it allows Warner Bros. to operate as usual and help the brand grow.

There are numerous questions about its impact on Hollywood, the future of HBO, and multiple shows and films that audiences love to watch.

However, there is nothing final yet, as the deal has to wait for government approval.

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Will there be an instant change after this?

As of now, no immediate modifications are visible to viewers. The regulators will first approve the deal, which may take 12-18 months. So, for now, everything stays as it is.

Can we still see Warner Bros. films in theatres?

Yes, Netflix does plans to allow Warner Bros. movies for theatre release. However, it is still not sure as things may change later.

Usually in Netflix, one of the leading entertainment services, movies are released directly on its platform, with a short theatre runs for award qualification.

On the other hand, Warner Bros. has launched big hits films from DC universe and Barbie which had longer stay in theatre before reaching streaming platforms.

Ted Sarandos, the CEO of Netflix suggested that release windows might get shorter resulting in speedy content streaming.

But this has become a major concern for many people in the film fraternity, mainly the theatre owners, who expect long theatrical runs to remain profitable.

Netflix buying Warner Bros. Will Hurt theatrical business: Cinema Industry Groups

According to Cinema industry groups, Netflix and Warner Bros. deal will harm the theatrical business.

They are saying this on the basis of Netflix maximum emphasis on streaming and lesser on cinematic releases.

Even a group of Hollywood producers also has this notion that Netflix will not be supportive to theatrical releases, as it will benefit from streaming.

Will Netflix and HBO Max become one app?

Well, as of now, Netflix has not made any official announcement regarding its blending with Warner Bros. and HBO.

Still, there are hints about bundling in the coming years. If this happens, then HBO and Warner Bros. content will benefit their subscribers with multiple options.

Moreover, there are reports, that if Netflix bundles with HBO Max, then it will result in lower streaming costs.

But prices may escalate after Netflix will control a major part of the shows and movies. With few competitors, the streaming OTT platform will increase its subscription costs and will pay less to the creators.

Hence, this deal seem inappropriate for Writers Guild of America, as according to them, it will minimise jobs, less wages, and also limit the range of entertainment.

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FAQs

Q: How much did Netflix pay for Warner Bros?

A: Netflix agreed to buy Warner Bros. for $ 72 billion. The regulators will first approve the deal, which may take 12-18 months.

Q: What will happen to DC movies after Netflix buys Warner Bros?

A: After Netflix purchasing of Warner Bros. the DC movies will still continue with shorter theatrical releases and more speedy streaming.

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