Netflix Conquers the "Albanian Army" Doubters: $82.7 Billion Warner Bros. Acquisition Reshapes Hollywood

  1. Netflix’s $82.7 Billion Warner Bros. Takeover Redraws Hollywood Power Map
  2. From “Albanian Army” to Empire: Netflix Stuns Wall Street With Warner Bros. Deal
  3. Netflix Swallows Warner Bros. and HBO Max in $82.7 Billion Bet on Streaming Supremacy

In a move that will be studied in business schools for decades, Netflix announced Friday it will acquire Warner Bros.' streaming and studio operations from Warner Bros. Discovery in a deal valued at $82.7 billion—including the crown jewels of HBO, HBO Max, and a century's worth of legendary content.