What is Netflix buying? A visual history of 100 years of Warner Bros.
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December 7, 2025
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By Auzinea Bacon, CNN (CNN) — Netflix announced Friday that it has agreed to acquire Warner Bros. Discovery’s film studio and HBO assets, including the streaming service, for $82.7 billion, including debt. Netflix outbid media conglomerates Paramount and Comcast in a bidding war that began after Warner Bros. Discovery announced in June that it would
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