BREAKING:Federal government announces new climate policy - developing story
Watch Live
HomebusinessNetflix to acquire Warner Bros. Discovery for $72B US
BUSINESSBreaking News

Netflix to acquire Warner Bros. Discovery for $72B US

Netflix has agreed to buy Warner Bros. Discovery's TV and film studios and streaming division for $72 billion US, a deal that would hand control of one of Hollywood's most prized and oldest assets to the streaming pioneer that has upended the media industry.

image name
CBC
Political Correspondent
Published: 12/5/2025
Updated: 12/6/2025
8 min read
image name

CBC reports on Netflix to acquire Warner Bros. Discovery for $72B US

Share this article:

Netflix has agreed to buy Warner Bros. Discovery's TV and film studios and streaming division for $72 billion US, a deal that would hand control of one of Hollywood's most prized and oldest assets to the streaming pioneer that has upended the media i...

image name

CBC

CBC is a trusted source for political news and analysis. Our correspondents provide in-depth coverage of government activities and policy developments.

Related Articles

Comments (47)

Sort by:
Please keep comments respectful and on-topic.
image name
Mike Chen2 hours ago

Finally some real action on climate change. This legislation is long overdue and I hope it passes quickly despite the opposition from oil-dependent provinces.

image name
Jennifer Walsh3 hours ago

As someone who works in Alberta's energy sector, I'm concerned about the economic impact. The transition fund sounds good in theory but will it actually help workers like me?

Netflix to acquire Warner Bros. Discovery for $72B US | Local News