Movies

Netflix reportedly closes in on Warner Bros deal

December 5, 2025

Netflix is reportedly nearing a deal to acquire Warner Bros Discovery's film and streaming businesses, having emerged as the leading bidder with an offer of $28 per share. This puts them ahead of competitors Comcast and Paramount, the latter of which initially bid $24 per share but has since increased its offer to nearly $27 amid concerns over the sale process.

The roof of the Netflix offices in Los Angeles with large red NETFLIX sign in foreground and city scape in the background

Credit: Co

Key Highlights

Netflix is the top bidder for Warner Bros Discovery with an offer of $28 per share.
Paramount's initial bid was $24 per share, which was rejected by Warner Bros.
Paramount has since raised its bid to approximately $27 per share.
The acquisition includes Warner Bros' film and streaming businesses.
Concerns about the sale process have been raised by Paramount's legal team.

Sources

Netflix reportedly closes in on Warner Bros deal

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Netflix reportedly closes in on Warner Bros deal

Key Highlights

Sources

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