When bidding to acquire Warner Bros., Netflix attributed no value to the video game business, despite successes like Hogwarts Legacy. Is this deserved?

Netflix is buying entertainment giant Warner Bros in a deal valued at around $82.7 billion. The acquisition will see the streaming giant own the film and streaming business of Warner Bros Discovery, which – as of July 2025 – includes the company's video games division.

Netflix struck a deal Friday to buy Warner Bros. Discovery, the Hollywood giant behind “Harry Potter” and HBO Max, in a $72 billion deal that would bring together two of the biggest players in television and film and potentially reshape the entertainment industry.

Warner Bros. has a history of disastrous mergers and acquisitions. Can they avoid another bad sequel as Netflix and Paramount battle to buy it?

The escalating contest for Warner Bros Discovery is being treated as a Hollywood drama, but the real story is not about personalities or red carpets. It is about who will own the machinery that decides what the world watches.

The spotlight is on crown jewels HBO, studios, the Warner Bros. film vault and DC Comics – but the fate of Warner Bros. Discovery could rest on the value of its much-maligned cable TV portfolio. Discovery Global Networks,

There's a reason Warner Bros. numerous video game studios feel like such an afterthought in the Netflix vs. Paramount sweepstakes - because they are.

In a new letter to Warner Bros. stakeholders, Netflix promises it is 100% committed to releasing Warner Bros. films in movie theaters. The post Netflix Is ‘100% Committed’ to Releasing Warner Bros. Movies in Theaters,