Netflix doesn't want to turn HBO into Netflix — it wants to bundle it [Business Insider]
Warner Bros. Discovery, Inc. - Series A (WBD)
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Source: Business Insider
Kristina Bumphrey/Variety via Getty Images This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Netflix became HBO faster than HBO could become Netflix. That's why Netflix is buying HBO But assume the deal goes through, does HBO stick around, or get merged into Netflix? I have some thoughts. Last month, HBO boss Casey Bloys stood in front of an auditorium full of reporters and told them what everyone already knew: Netflix had won the streaming wars "To Netflix's credit, as the first mover, they have become a utility. For consumers, it is the basic cable of today," he said. But Bloys wasn't surrendering — he was pitching: HBO was still valuable, just like it was in the old cable days, when the only way you could get HBO was to get basic cable as well. "In today's world, consumers still want to add to their entertainment portfolio," he said. Translation: OK, we know you're getting Netflix
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WBD
News
- Old Hollywood meets new: Netflix agrees to buy Warner Bros. and HBO Max [MSNBC.com]MSNBC.com
- Netflix investors don't seem to like its blockbuster deal with Warner Bros. Discovery [Yahoo! Finance]Yahoo! Finance
- S&P/TSX composite closes the week lower, while U.S. stock markets rise [Advisor.ca (Canada)]Advisor.ca
- Hollywood, already on shaky economic ground, shudders at the prospect of a mega-Netflix [CNN]CNN
- The true cost of Warner Bros. selling its soul to Netflix [Los Angeles Times (CA)]Los Angeles Times
WBD
Earnings
- 11/6/25 - Miss
WBD
Sec Filings
- 12/5/25 - Form 425
- 12/5/25 - Form 425
- 12/5/25 - Form 8-K
- WBD's page on the SEC website