Entertainment Business
The Netflix and Warner Bros Megal-Deal still has folks talking and yes, worrying. Warner Bros. had several suitors, but on Friday, December 5, Netflix announced that the historic studio had accepted its offer. The cash-and-stock deal is valued at $82.7 billion ($72 billion in equity) and includes Warner Bros. film and television studios, HBO Max, and HBO. A massive deal which will undoubtedly reshape the entertainment landscape if it’s finalized.
There are growing concerns and worries about the deal’s impact. Netflix tried to ease the fears of its more than 300 million subscribers by sending an email on Friday. Below is the email.
Netflix email to subscribers: Friday, December 5, 2025
We recently announced that Netflix will acquire Warner Bros., including its film and television studios, HBO Max, and HBO. This unites our leading entertainment service with Warner Bros.’ iconic stories, bringing some of the world’s most beloved franchises like Harry Potter, Friends, The Big Bang Theory, Casablanca, Game of Thrones and the DC Universe together with Stranger Things, Wednesday, Squid Game, Bridgerton and KPop Demon Hunters.
What’s changing?
Nothing is changing today. Both streaming services will continue to operate separately. We have more steps to complete before the deal is closed, including regulatory and shareholder approvals. You’ll hear from us when we have more to share. In the meantime, we hope you’ll continue to enjoy watching as much as you want, whenever you want – all on your current membership plan.
We know you might have questions. Check out our Help Center for more information or contact us at any time.
Thank you for choosing Netflix. We’re committed to bringing you more great TV shows, movies, games and live programming.
The Netflix team
