Mergers & Acquisitions,
Entertainment & Sports
Jan. 6, 2026
Mega-merger of Netflix and Warner Bros. faces legal gauntlet
Netflix's $72 billion bid for Warner Bros. Discovery tests the limits of antitrust enforcement in the streaming era--and reveals how media giants are adapting to regulatory scrutiny.
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Netflix's proposed acquisition of Warner Bros. Discovery's studio and streaming businesses is not merely another high-dollar media transaction--it is a direct stress test of modern antitrust enforcement in the streaming era. Valued at approximately $72 billion in equity and structured to exclude Warner Bros. Discovery's linear networks, the deal reflects a carefully engineered attempt...
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