how much did netflix pay for warner bros

Netflix has agreed to acquire Warner Bros. in a deal valued at about $82.7 billion on an enterprise-value basis, with an equity value of roughly $72 billion.

Deal amount

• The total enterprise value of the transaction is around $82.7 billion , which includes Warner Bros.’ debt and other liabilities.

• The equity value being paid to Warner Bros. Discovery shareholders is about $72 billion in cash and Netflix stock.

How the payment is structured

• Warner Bros. Discovery shareholders will receive a mix of cash plus Netflix shares for each share they own, valuing Warner Bros. at roughly $27–28 per share.

• The deal terms also include breakup fees in the billions of dollars if regulatory or other conditions prevent closing.

Quick scoop context

• The deal covers Warner Bros.’ film and TV studios, HBO/HBO Max, and key franchises such as DC, Harry Potter, and Game of Thrones, dramatically expanding Netflix’s library.

• The transaction is expected to close after regulatory approvals and a planned Warner Bros. Discovery reorganization, currently projected to wrap up in 2026.

TL;DR: When people ask “how much did Netflix pay for Warner Bros,” the headline number is $82.7 billion (enterprise value) , with $72 billion of that representing the equity paid to shareholders.

Information gathered from public forums or data available on the internet and portrayed here.