Netflix to acquire Warner Bros.

Gematsu
Fri, 05 Dec 2025 12:10:10 +0000

Netflix will acquire Warner Bros. for $72 billion, with the deal expected to close after the separation of Warner Bros. Discovery’s Global Networks division in Q3 2026. This acquisition includes Warner Bros. Games and its subsidiaries, enhancing Netflix's portfolio with franchises like Game of Thrones and the DC Universe. Netflix co-CEOs emphasized the potential for improved offerings and broader audience reach through this merger.

2025-12-05 | VGC: Netflix has agreed to buy Warner Bros, including game developers behind Mortal Kombat, Hogwarts Legacy

Netflix has agreed to acquire Warner Bros. Discovery for $82.7 billion, which includes its video game division. This deal encompasses notable game developers such as NetherRealm Studios, Rocksteady, Avalanche, and TT Games. While Netflix aims to enhance its entertainment offerings, the impact on Warner's gaming business remains unclear. Netflix has previously focused on smaller mobile games, and recent leadership changes in its gaming division suggest a strategic shift.

2025-12-05 | GameSpot: Netflix Announces Purchase Of Warner Bros. For Over $82 Billion

Netflix has announced its acquisition of Warner Bros. for $82.7 billion, set to close in 2026. The deal includes Warner Bros. Games, HBO, and DC Studios, among others. Notably, Warner Bros. Discovery will be spun off into a new entity. The acquisition will add studios like Rocksteady and NetherRealm to Netflix's gaming portfolio, enhancing its offerings with franchises like Mortal Kombat and Lego DC.

2025-12-05 | Push Square: Hogwarts Legacy, Mortal Kombat Publisher Warner Bros Bought for $82 Billion by Netflix

Netflix has agreed to acquire Warner Bros Discovery for $82.7 billion, which includes its video game developers and intellectual properties. This acquisition would transfer ownership of studios like NetherRealm and Avalanche to Netflix, along with franchises such as Harry Potter and DC. While Netflix aims to enhance its storytelling capabilities, the future of Warner Bros' game developers remains unclear, especially given mixed results in their gaming portfolio.

2025-12-05 | Insider Gaming: Netflix Set To Buy Warner Bros In 2026

Netflix is set to acquire Warner Bros. in 2026 for $82.7 billion, focusing on the Streaming & Studios division. This includes Warner Bros. Games, bringing studios like NetherRealm and Rocksteady under Netflix's umbrella. Warner Bros. Discovery CEO David Zaslav and Netflix co-CEO Greg Peters emphasized the potential for enhanced storytelling and audience reach. Clarifications on the gaming division's future are pending from both companies.

2025-12-05 | Eurogamer: Netflix acquires Warner Bros. in $82.7bn deal, including studios behind Mortal Kombat and Hogwarts Legacy

Netflix is acquiring Warner Bros. for $82.7 billion, including its game studios like Rocksteady and NetherRealm. The deal is expected to close in 12-18 months, pending regulatory approvals. Warner Bros. Games has faced challenges, including a 48% revenue drop and several game cancellations. Netflix aims to enhance its content offerings by integrating Warner Bros.' extensive library with its own titles, promising a stronger entertainment experience.

2025-12-05 | Pure Xbox: Netflix Is Buying Warner Bros. For Even More Money Than Xbox's ActiBlizz Deal

Netflix is set to acquire Warner Bros. for approximately $72 billion, which includes its video game division. A Warner Bros. spokesperson confirmed that studios like NetherRealm, Rocksteady, and TT Games will be part of the sale. While the deal primarily focuses on film and TV, the gaming division's inclusion marks a significant shift in Netflix's strategy. The transaction is expected to close within 12-18 months.

2025-12-05 | Game Developer: Yes, Netflix is acquiring Warner Bros. Games

Netflix is acquiring Warner Bros. Discovery, including Warner Bros. Games, in an $82.7 billion deal. This acquisition aims to enhance Netflix's content offerings and expand its production capabilities. While the focus has been on film and TV franchises, Warner Bros. Games, which includes studios like NetherRealm and Rocksteady, will also be part of the transaction. The deal is expected to close in 12 to 18 months, pending regulatory approval.

2025-12-05 | TechRaptor: (Updated) Netflix to Buy Warner Bros, Including Gaming Wing, for $82.7b

Netflix has announced its acquisition of Warner Bros for $82.7 billion, which includes the company's gaming division, known for major IPs like Harry Potter and Mortal Kombat. Despite this, Netflix's gaming strategy has been inconsistent, highlighted by recent studio closures and the sale of Cozy Grove developer Spry Fox. Warner Bros has faced challenges in gaming, reporting disappointing results for 2024, although Hogwarts Legacy has been a significant success.

2025-12-05 | Nintendo Life: Netflix Enters Agreement To Buy Warner Bros. For $82 Billion, Includes Game Studios

Netflix has announced an agreement to acquire Warner Bros. Discovery for approximately $82.7 billion, which includes Warner Bros. Games. The deal, expected to take 12-18 months to finalize, will see Warner Bros. Games, home to studios like Rocksteady and NetherRealm, join Netflix. The acquisition could lead to significant savings and reflects ongoing consolidation in the video game industry amid recent layoffs and studio closures.

2025-12-05 | GameSpot: Netflix Could Own All These Warner Bros. Game Studios Soon

Netflix has announced plans to acquire Warner Bros. Discovery for $82.7 billion, pending regulatory approval expected by Q3 2026. This deal would grant Netflix ownership of Warner Bros.' video games division, which includes major studios behind franchises like Batman: Arkham, Mortal Kombat, and Hogwarts Legacy. Upcoming titles include Lego Batman: Legacy of the Dark Knight and a sequel to Hogwarts Legacy. The acquisition could significantly impact Netflix's presence in the gaming industry.

2025-12-05 | GamesIndustry.biz: Netflix to buy Warner Bros, including games division, for $82.7bn

Netflix is acquiring Warner Bros for approximately $82.7 billion, which includes its video games division, set to transfer ownership by July 2025. This acquisition will bring developers like Rocksteady and NetherRealm under Netflix's umbrella. The deal follows Warner Bros Discovery's struggles in the gaming sector, highlighted by the success of Hogwarts Legacy and losses from Suicide Squad: Kill The Justice League. The sale is expected to finalize by September 30, 2026.

2025-12-05 | Aftermath: Netflix, Which Has No Idea What To Do With Video Games, Could Own More Video Games

Netflix is acquiring Warner Bros. for $82.7 billion, which includes WB Games, known for franchises like Mortal Kombat and Harry Potter. Despite this expansion, Netflix's track record in gaming has been inconsistent, with multiple studio closures and a lack of a clear strategy. The company has struggled to integrate games into its platform, leading to minimal user engagement. Concerns remain about Netflix's ability to effectively manage its growing gaming portfolio.

2025-12-05 | Insider Gaming: Every Studio Affected By Warner Bros. & Netflix Merger—What Deal Means, Explained

Netflix has announced its acquisition of Warner Bros. for $82.7 billion, set to take effect in 2026. This deal includes Warner Bros. Games and its eight studios, which are known for major franchises like Mortal Kombat, Batman: Arkham, and LEGO games. The acquisition raises questions about the future of these studios and their projects, including potential sequels and new titles, as Netflix expands its footprint in gaming alongside its film and TV content.

2025-12-05 | Game Informer: Netflix Is Acquiring Warner Bros. And Its Games Division, Including Netherrealm, Rocksteady, And More

Netflix is acquiring Warner Bros. Discovery for $82.7 billion, which includes Warner Bros. Games and its major studios like Netherrealm and Rocksteady. The deal was confirmed during a conference call, despite initial omissions in the press release. This acquisition could significantly enhance Netflix's gaming portfolio, which already includes various mobile games and collaborations. The transaction process is expected to take 12-18 months, pending regulatory review.

2025-12-05 | Destructoid: Netflix is sweeping up Warner Bros. for $82 billion—so what will happen to its gaming division?

Netflix is acquiring Warner Bros. for $82.7 billion, gaining control of significant IPs like DC Comics, Harry Potter, and Game of Thrones, along with WB Games. This could lead to Netflix expanding its gaming division, potentially merging it with WB Games or outsourcing IPs to established studios. The acquisition may also enhance Netflix's film and TV production capabilities, allowing for more adaptations of popular video game franchises.

2025-12-05 | Metro: Hogwarts Legacy 2 and next Mortal Kombat game will be from Netflix

Netflix's acquisition of Warner Bros. will include game studios like NetherRealm and Rocksteady, allowing Netflix to develop titles such as Hogwarts Legacy 2. The deal, valued at $82.7 billion, is expected to finalize by Q3 2026, pending regulatory approval. Warner Bros. has streamlined its gaming focus to key franchises, and while future projects are uncertain, Netflix may leverage these studios for games based on its own IPs.

2025-12-05 | Rock Paper Shotgun: Netflix to buy Warner Bros for $82.7 billion, including the creators of Batman Arkham and Mortal Kombat

Netflix plans to acquire Warner Bros' entertainment business for $82.7 billion, focusing on the "Streaming & Studios" division, which includes game studios like Rocksteady, NetherRealm, and Avalanche. The deal, pending regulatory approval, aims for $2-3 billion in annual cost savings. Warner's gaming division has faced challenges, including layoffs and project cancellations. Netflix's press release emphasizes broader entertainment rather than games, raising concerns about the future of its gaming initiatives.

2025-12-08 | Nintendo Life: Paramount Makes Rival Bid For Warner Bros. After Netflix's $82 Billion Offer, Includes Game Studios

Paramount Skydance has made a rival bid for Warner Bros. Discovery, offering $30 per share, which they claim is a superior alternative to Netflix's $82.7 billion deal. This acquisition includes Warner Bros.' gaming division, which features major IPs like Mortal Kombat and Batman: Arkham. Netflix's deal, expected to take 12-18 months, also includes Warner Bros. Games, which comprises several notable studios. The situation highlights ongoing consolidation in the video game industry.

2025-12-08 | Eurogamer: Paramount to ruin the Netflix party? Hollywood company announces "clearly superior" Warner Bros. offer of its own

Paramount has announced a competing bid for Warner Bros., offering $18 billion more than Netflix's proposal. Paramount's all-cash offer is $30 per share compared to Netflix's $27.5, targeting the entire Warner Bros. company, including its Global Networks segment. Paramount believes its bid will face fewer regulatory hurdles and argues that Netflix's acquisition could harm consumers and content creators. Netflix's $87.2 billion deal includes control over several game studios, raising questions about potential price increases.

2025-12-08 | Insider Gaming: Netflix Considered Buying EA and Disney

Netflix considered acquiring Electronic Arts, Disney, and Fox, according to a Bloomberg report. Despite discussions among executives, no deals materialized due to concerns about stock prices and skepticism regarding large media mergers. Netflix's co-CEO Greg Peters emphasized caution around such acquisitions. The report follows Netflix's planned $82.7 billion acquisition of Warner Bros. in 2026, which could impact various game studios.