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acquisitionAnnounced · Feb 23, 2026Media and EntertainmentSource · CredibleArticle · Factual
Netflix acquires Warner Bros. Discovery
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$70B
Target
Warner Bros. Discovery
NASDAQ: WBD · New York City, New York
Acquirer
Netflix
Full Acquisition
Status
Speculated
Netflix agreed to acquire Warner Bros. Discovery. Reported deal value: $70B. Status: Speculated. Sector: Media and Entertainment. Target headquarters context: New York City, New York, United States.
This page summarizes publicly available information about the transaction as of 2026-02-23. Figures and status may change as filings and press coverage update.
In buying HBO and Warner Bros . , Netflix would acquire one of the largest studios as well as a major competitor in streaming
Deal timeline
Announced
Feb 23, 2026 · brandequity.economictimes.indiatimes.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Media and Entertainment with a reported deal value of $70B. Figures and status may change as sources update.
Sources: brandequity.economictimes.indiatimes.com · Primary article · FireStrike proprietary index