Netflix has agreed an $83bn takeover of Warner Bros Discovery, creating a streaming-and-studio giant. WBD’s cable networks will be spun off. The tie-up aims to deepen the content library, cut costs and strengthen global distribution, with WBD investors receiving a mix of cash and Netflix shares.
England were drawn with Croatia, Panama and Ghana in Group L for the 2026 World Cup. Observers view it as a favourable but testing path. At the draw ceremony, FIFA praised Donald Trump as a peacemaker.
Netflix will buy the studio behind Harry Potter and Game of Thrones for $72bn, its largest deal to date. The takeover secures control of major franchises, boosts production capacity and libraries, and steps up competition with Hollywood rivals, subject to regulatory approval.
Netflix has agreed an $83bn takeover of Warner Bros, combining major film and TV assets to form a global entertainment giant. The deal will proceed alongside a spin-off of cable operations. Regulators will review the merger; both sides expect cost savings and stronger streaming scale.