Netflix, Inc. announced on Friday that it will acquire Warner Bros. and its film and television studios for $72 billion. The purchase is expected to close in late 2026, according to a Netflix news release.

Mark Millar quits social media as Netflix acquires Warner Bros. and DC Comics, sparking speculation online. Millar cites increased workload in live-action projects as the main reason for leaving social platforms. Bleeding Cool speculates Millar may play a major role at DC Comics following the Netflix-Warner Bros. deal.

After a rough past decade, here's why the very last thing DC needs right now is for Netflix to swoop in and make more changes.

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Netflix (NASDAQ:NFLX) has officially clinched the blockbuster bidding war for Warner Bros. Discovery’s (NASDAQ:WBD) premium assets — the Warner Bros. film and TV studios and HBO Max streaming service — in an $82.

Netflix has agreed to acquire Warner Bros Discovery's TV, film studios, and streaming division for $72 billion, following a weeks-long bidding war. The deal grants Netflix control over major franchises including "Game of Thrones", "DC Comics", and "Harry Potter", significantly shifting the power balance in Hollywood.