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HomeentertainmentNetflix set to buy Warner Bros studios, streaming unit for US$72B
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Netflix set to buy Warner Bros studios, streaming unit for US$72B

The agreement follows a weeks-long bidding war where Netflix seized the lead with a nearly US$28-a-share offer that eclipsed Paramount Skydance's nearly US$24 bid.

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Global News
Political Correspondent
Published: 12/5/2025
Updated: 12/6/2025
8 min read
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Global News reports on Netflix set to buy Warner Bros studios, streaming unit for US$72B

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Netflix has agreed to buy Warner Bros Discovery’s TV and film studios and streaming division for US$72 billion, a deal that would hand control of one of Hollywood’s most prized and oldest assets to the streaming pioneer that has upended the media ind...

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Mike Chen2 hours ago

Finally some real action on climate change. This legislation is long overdue and I hope it passes quickly despite the opposition from oil-dependent provinces.

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Jennifer Walsh3 hours ago

As someone who works in Alberta's energy sector, I'm concerned about the economic impact. The transition fund sounds good in theory but will it actually help workers like me?