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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

Netflix agrees to buy Warner Bros Discovery studio and streaming business in $83bn deal

Netflix Warner Bros Warner Bros Discovery Paramount HBO United States Comcast
A scene from The White Lotus season three,
A scene from series three of The White Lotus. Netflix will become the owner of HBO, the maker of the hit TV show. Photograph: Home Box Office/PA

Netflix has agreed to buy Warner Bros Discovery in an $82.7bn (£62bn) deal that will dramatically reshape the established Hollywood film and TV industry.

The streaming company will take control of WBD’s prize assets such as Warner Bros, the studio behind franchises including Harry Potter, Superman and Batman, as well as HBO, home to shows including Game of Thrones, The White Lotus and Succession.

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