Netflix announced its acquisition of Warner Bros. Discovery’s TV, film studio, and streaming division for a whopping $82.7 billion. The deal will bring Warner Bros. assets like Game of Thrones, Harry Potter, DC Comics supes like Batman, Superman, etc., under the Netflix umbrella, which owns originals like Stranger Things, K-Pop Demon Hunters, etc. Reportedly Paramount had been on a bidding spree as well earlier, offering $30 apiece for a Warner Bros. Discovery share.
Remarking on the deal Greg Peters, co-CEO of Netflix, stated,
“This acquisition will improve our offering and accelerate our business for decades to come. Warner Bros. has helped define entertainment for more than a century and continues to do so with phenomenal creative executives and production capabilities. With our global reach and proven business model, we can introduce a broader audience to the worlds they create—giving our members more options, attracting more fans to our best-in-class streaming service, strengthening the entire entertainment industry and creating more value for shareholders.”
David Zaslav, President and CEO of Warner Bros. Discovery also commented
“Today’s announcement combines two of the greatest storytelling companies in the world to bring to even more people the entertainment they love to watch the most. For more than a century, Warner Bros. has thrilled audiences, captured the world’s attention, and shaped our culture. By coming together with Netflix, we will ensure people everywhere will continue to enjoy the world’s most resonant stories for generations to come.”
Reactions poured in on social media as netizens shared their frustration over the deal, which will lead to Netflix’s monopoly, possible theater shutdowns, etc. Some reacted with memes.
One user wrote, “This is insane and I really have a bad feeling it will contribute to the death of cinema.” Another jibed, “Congrats, Netflix, on officially murdering cinema.” A third user quipped, “It’s Amazon with mgm, Netflix with wb and Disney with Fox. All the old Hollywood is gone.” Yet another user noted, “Next month: ‘Dear Netflix user, we recently acquired Warner Brothers and well, to pay for this, we will be raising the price of all our memberships.’”
This is insane and I really have a bad feeling it will contribute to the death of cinema.
— Synth Potato🥔 (@SynthPotato) December 5, 2025
Next month: “Dear Netflix user, we recently acquired warner brothers and well, to pay for this we will be raising the price of all our memberships.”
— Khazy (@IsKhazy) December 5, 2025
Congrats Netflix on officially murdering cinema.
Scorsese called this exact moment in 2019 and y’all clowned him.
Now the same company that canceled every show after 2 seasons owns Harry Potter, Batman, Lord of the Rings, AND HBO.
In 5 years every movie will be a 10-episode…
— Poortardio🪫🪖 (@poortardio) December 5, 2025
pic.twitter.com/TpaIAEthTA
— 🔸AV✴️ (@FuriousNovaAV) December 5, 2025
Paramount 😭😭😭 pic.twitter.com/vObUetrMVK
— 🪔King👑Maker🪔 (@MindHealthMaker) December 5, 2025
End of an era🤨 pic.twitter.com/aNTlpKt21J
— Gummi (@gummibear737) December 5, 2025
It’s Amazon with mgm, Netflix with wb and Disney with Fox. All the old Hollywood is gone.
— Cecilia Hsueh (@cecilia_hsueh) December 5, 2025
Watching new DC movies on Netflix 1 week after their theatrical release 😭 pic.twitter.com/QLFgosxd0Q
— Global Index (@TheGlobal_Index) December 5, 2025
While speculations abound, the Netflix-Warner Bros deal will face anti-trust heat in both US and Europe besides the industry union revolting.
