What Netflix buying Warner is really about

With Warner and HBO, Netflix can fulfill its goal of being a singular source for streaming, even if it costs more.

Jared Newman | December 11, 2025

If you want to know how Netflix’s plan to acquire Warner Bros. will affect you, I suggest not getting your answers from Netflix.

Last weekend, the streaming giant emailed customers implying the deal was done (subject line: “Welcoming Warner Bros. to Netflix”) even though that’s far from being settled. Its press release and help page are only marginally more informative, provided you can sift through all the boilerplate proclamations and canned executive quotes.

Hold up!

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