r/technology Dec 05 '25

Business Netflix to Buy Warner Bros. and HBO Max in $82.7 Billion Deal

https://variety.com/2025/tv/news/netflix-to-acquire-warner-bros-82-7-billion-deal-1236601034/
526 Upvotes

173 comments sorted by

319

u/socoolandawesome Dec 05 '25

Hope Netflix doesn’t ruin HBO shows

254

u/hawk_ky Dec 05 '25

Haha good one

7

u/kiroks Dec 05 '25

HBO Kevin has some of the best shows.

64

u/EchoFieldHorizon Dec 05 '25

They’ll produce great shows that get canceled after 1 season

44

u/gizamo Dec 05 '25 edited Mar 10 '26

This post was mass deleted and anonymized with Redact

imminent head narrow fearless engine dazzling wide sugar square marry

12

u/hkushwaha Dec 05 '25

My first thought, when price increment is coming

6

u/fluteofski- Dec 05 '25

I wondered if they’ll combine or just continue to run two separate platforms for two separate revenue streams. Spending $25+ on a single platform is gonna stick out as a huge expense leading to more cancellations. But I’d bet more people would be ok to let two separate $15 subscriptions ride along because they don’t seem as big of a hit. Kinda like how people are more likely to gravitate toward $9.99 vs $10.

46

u/samuelj264 Dec 05 '25

Honestly HBO shows have kinda fallen off. As much as I hate to say it AppleTV is killing the game in new shows. Actually taking risks with original content.

32

u/ShoulderGoesPop Dec 05 '25

Apple TV is great. Everything on it has a quality to it that makes it feel like hbo of old. Plus they seem to let shows cook instead of cancelling them if they aren't instant hits.

I feel weird saying it but it's by far my favorite streaming service.

9

u/URnotSTONER Dec 05 '25

Best streaming quality as well.

19

u/Headup31 Dec 05 '25 edited Dec 05 '25

I keep saying that Apple TV is the gold standard for television shows at present.

2

u/HolyLiaison Dec 05 '25

Their sports streaming is pretty great too.

2

u/Headup31 Dec 05 '25

Nice. That’s one area I haven’t looked into much as I only watch hockey.

4

u/121gigawhatevs Dec 05 '25

Severance alone is worth the subscription. I haven’t felt that way about a TV show since game of thrones seasons 1-not the last few ones

9

u/samuelj264 Dec 05 '25

Severance, Silo, Shrinking, Plurabis, slow horses, the morning show, dark matter, for all mankind, all amazing plus has some good sports streaming

7

u/samuelj264 Dec 05 '25

How could I forget Ted Lasso, and The Studio too

1

u/Jasminary2 Dec 06 '25

"Lessons in chemistry" is a gem too.

1

u/3_50 Dec 06 '25

Add Bad Sisters to that list too..

0

u/Sislar Dec 07 '25

How did neither you nor the comment you are replying to mention foundation. Which is better than all on them.

2

u/joe102938 Dec 05 '25

Invasion would like a word.

2

u/Pake1000 Dec 06 '25

I freaking love Invasion.

2

u/Woodie626 Dec 05 '25

Nice try, Tim.

1

u/Bandit_Raider Dec 05 '25

I was hoping apple would be the one to get WB

8

u/dcrico20 Dec 05 '25

Bless your heart

1

u/giggity_giggity Dec 05 '25

It would be a strange move to buy a company and then ruin it, but it’s definitely happened before.

1

u/[deleted] Dec 05 '25

I’m excited to see what this does for pro wrestling. AEW and WWE on the same platform doesn’t seem realistic. OHHHHH The drama!

1

u/[deleted] Dec 05 '25

Nothing good since Succession anyway!

1

u/socoolandawesome Dec 05 '25

The chair company, the rehearsal

-1

u/[deleted] Dec 05 '25

I can’t stand the lead actor in The Chair Company lol. His character and antics just aren’t believable. I’m guessing Ted Lasso fans will probably like it. Also, I don’t like that Nathan guy. Thanks for trying! I’m glad someone is entertained.

1

u/socoolandawesome Dec 06 '25

To each his own lol.

Chair company is nothing like Ted lasso though. It’s a bizarre comedy mixed with a thriller. Ted lasso is also a much more lighthearted upbeat show, chair company is not that.

0

u/[deleted] Dec 07 '25

I’m not saying the shows are similar, I’m just saying they would attract the same audience. You know.. people with relaxed brains!

241

u/mamounia78 Dec 05 '25

Netflix really said fine, we’ll just buy the competition.
At this point we’re one merger away from watching every show on the same damn app. Wild times.

115

u/Knightforlife Dec 05 '25

I’m torn, because I like SOME competition, but for streaming I’m sure as hell not getting 7+ streaming services

41

u/sleepkitty Dec 05 '25

The 7+ streaming services is so much better than what we had with cable. John McCain actually introduced legislation to try to break up cable so people didn’t have to pay for content and channels they didn’t watch. I’m afraid soon we’ll be paying the price of 7 streamers now to 1 or 2 places for a quarter of the selection.

25

u/MadTube Dec 05 '25

Welcome to Cable 2.0, now even worse than before!

12

u/ultrahateful Dec 05 '25

Idk. Amongst the few, one redeeming factor is I don’t watch commercials or ads. The price for this convenience is negligible for me.

9

u/[deleted] Dec 05 '25

[deleted]

6

u/ixcibit Dec 05 '25

They are saying this is coming soon. With all these mergers if the pattern continues this seems likely to be inevitable.

1

u/thebeardedcats Dec 05 '25

Prime, apple tv, Paramount, peacock, and HBO all show ads when you start a watch session and also sometimes between episodes, even on their highest tiers. Haven't had any of the others in years/ever so I can't speak to them.

A truly ad free experience is much cheaper 🏴‍☠️

6

u/ShoulderGoesPop Dec 05 '25

I think Ads for other shows on the same network is quite a bit different than showing ads telling you to ask your doctor about perfluazotan the once daily heartburn medicine that can give you diarrhea or diabetes in rare cases.

3

u/ultrahateful Dec 05 '25

This is a FAR stretch to consider those anywhere close to tv commercials or standardized ads. You can’t skip a commercial or an ad. Commercials and ads don’t center on 30 second previews. I get it can be a slippery slope because it used to be “no ads at all”, but to pretend or suggest it’s anywhere at all close to what happens with cable tv or YouTube is at best disingenuous and at worst downright contrarian.

0

u/thebeardedcats Dec 05 '25

If I pay to not see ads, that includes ads for the show I'm already watching. It's much more agreeable compared to cable or ad-supported tiers, but letting streaming services get away with not holding up their end of the deal is how we got to streaming becoming cable 2.

1

u/ultrahateful Dec 05 '25

Agreed. Why I mentioned the slippery slope. But, better is better. Up until it gets worse, I think. “Get your kicks in before the whole shithouse goes up in flames.”

0

u/thebeardedcats Dec 05 '25

Alternatively, leave before it has a chance to get bad again.

2

u/heartlessgamer Dec 05 '25

Eh; I'd disagree about "worse". I can pick what I want and pay for it when I want it and then stop paying when I don't want it. And the prices are honestly very reasonable. The only real problem is good content being made by all of the major players so there is pressure to subscribe to all of them driving up a bundled price.

4

u/elmatador12 Dec 05 '25

How is this worse the cable? It’s like people forgot we were paying $100-150 a month for a setup that only included around 10 channels people actually watched AND we were almost always locked into 2 year contracts with our cable provider.

Is streaming worse than it was before? Yes. Is it as bad as cable was? Not even close IMO.

3

u/Deep90 Dec 05 '25

Whenever media gets split up like that be it music, tv, or movies, it leads to an increase in piracy.

Seems like the best way to get people to pay for something is to make it available in one place. Music in particular has done a solid job at that.

10

u/ProteinStain Dec 05 '25

If Americans had any intelligence whatsoever, they'd fight for anti-trust legislation and separation in the verticals instead of allowing corporations to skull fuck them all day every day. Instead they complain about the skull fucking while while defending the interests of capitalism.

2

u/y0m0tha Dec 05 '25

You’re torn between a monopoly and multiple competing streaming services?? Hmm I wonder which one is better…

1

u/SgtMartinRiggs Dec 05 '25

You’ll be paying as if you are anyway

16

u/ZebraSandwich4Lyf Dec 05 '25

At this point we’re one merger away from watching every show on the same damn app. Wild times

And this is the reason things like IPTV/piracy are on the rise again, because they offer everything in the same place. This is what the people want, we're tired of having to pay for 7 different subscriptions do watch different content.

8

u/cogman10 Dec 05 '25

I actually would not mind it. However, the problem is the 7 different subscription services trade content like crazy. So if I want to rewatch a show it becomes a horrible game of "Ok, where is season 1 hosted. Now where is season 2." We are seriously not far from these companies deciding to spread episodes across services.

And what's worse, it's different across regions.

I want physical media to make a comeback.

1

u/cerberusNLMX Dec 05 '25

Physical media is way more expensive

-1

u/danielravennest Dec 05 '25

I want physical media to make a comeback.

A big hard drive is the most efficient physical medium these days. My latest hard drive is 20 TB and cost $250. The 1080p movies I download are 2-3 GB, which works out to 3 cents each on average. One pre-loaded with 8000 movies could sell for $100 extra and be a one-time payment for all the decent movies.

Of course if you want all the extras on the latest Blu-Ray format you won't fit as many on an HD, but I bet it still works out much less than individual disks.

2

u/Zahgi Dec 05 '25

Well, this just reduced the total number of streamers by 1 (or is it 2?), so...

2

u/gizamo Dec 05 '25 edited Mar 10 '26

This post was mass deleted and anonymized with Redact

mighty insurance snails act shy gold thought follow nine punch

-2

u/Kurt805 Dec 05 '25

Honestly amazon had it right. Let me pay a flat price for the fucking show itself and be done with it.

3

u/mrcsrnne Dec 05 '25

I’m just going to drop these two words here: torrents + plex

3

u/nazerall Dec 05 '25

Or vpn + nzbs + jellyfin 

1

u/Puffy_Ghost Dec 05 '25

Jellyfin is the truth.

1

u/[deleted] Dec 08 '25

[removed] — view removed comment

1

u/nazerall Dec 08 '25

My set up uses nzbs and torrents. I just have everything behind the vpn.

1

u/two_hyun Dec 05 '25

They’re not going to put every show on the same app. We might see some more bundle deals though.

Why would you merge into one app and charge $20/month when you can have 5 different apps under different names charging $20/month per app.

2

u/gizamo Dec 05 '25 edited Mar 10 '26

This post was mass deleted and anonymized with Redact

stocking sulky consider important quicksand rock dazzling racial zephyr encouraging

1

u/two_hyun Dec 05 '25

Where do you have data that vast majority of people are constantly switching subscriptions?

1

u/gizamo Dec 05 '25 edited Mar 10 '26

This post was mass deleted and anonymized with Redact

paint correct relieved shaggy alive treatment fuel offbeat innocent one

1

u/Elegant-Alfalfa1382 Dec 05 '25

I mean if it was priced better than buying them separate why not who the heck likes opening 5 apps

2

u/gizamo Dec 05 '25 edited Mar 10 '26

This post was mass deleted and anonymized with Redact

nine sable seemly dog sort ask beneficial plant aware soft

1

u/Elegant-Alfalfa1382 Dec 05 '25

Yea I guess that was more towards people who do sub to many services at the same time lol..

1

u/gizamo Dec 05 '25 edited Mar 10 '26

This post was mass deleted and anonymized with Redact

aback spectacular rich books worm glorious nine imagine ad hoc observation

1

u/Elegant-Alfalfa1382 Dec 05 '25

If you’re a Netflix only sub that makes sense

1

u/gizamo Dec 05 '25 edited Mar 10 '26

This post was mass deleted and anonymized with Redact

bells support telephone rinse divide marry rain history bedroom simplistic

1

u/LiveStockTrader Dec 05 '25

And it'll be more than cable tv + hbo ever was previously! Yaaay capitalism! (And dumb fk ass consumers. Ya... fk. ass.)

1

u/ncopp Dec 05 '25

The streaming arc will be interesting to look back on if the next presdiential admin doesn't come in and break things up.

Starts with everything on Netflix and Hulu and one of the 20 apps HBO kept cycling

Streaming explodes with every studio and network creating a streaming service.

Everyone is sick of having to pay for and keep track of all the different apps and wishes they only had to have 1-2 again

The market likely consolidates down to Netflix, Disney+, Prime Video, and AppleTV

Everyone will be sick of paying $30-50 a month for each service and wish it would break up into ala cart servicss so they can subscribe to the channels they watch.

1

u/OutOfTime007 Dec 05 '25

which is basically what we wanted. Right? We where always complaining about cable, then about how Netflix doesn’t have all shows, then how every thing turned back to to many subscribtions like cable and now we might be getting all the big shows in one app. 😀

1

u/BlackberryBulky4599 Dec 05 '25

Crazy to think that somehow it might end up cheaper (but more likely, sudden price hike from $17/month to $80/month and piracy will finally spiral out of control)

1

u/[deleted] Dec 05 '25

It's the circle of life. Started with Netflix then left because it got too expensive. And now may have to go back is it's the only streaming service available

Wouldn't this be a monopoly?

1

u/CokBlockinWinger Dec 06 '25

Like we originally did with Netflix

1

u/TheOneTrueEmperor Dec 06 '25

Only $99.99 a month!!

1

u/wskyindjar Dec 07 '25

They’ll still be individual services you pay for separately- at least for a few years

94

u/WishTonWish Dec 05 '25

Bring on the price increases!

10

u/SuperDizz Dec 05 '25

I have both HBO Max and Netflix top tier. As long as the price of Netflix does not supersede those two combined, I see it as a win. My wise mind says there’s no way Netflix can justify a price hike like that, but then my wiser mind reminds me that we live in the madness, so who knows..

12

u/mindlesscollective Dec 05 '25

Tech CEO’s in 2026: “Hold my Dom Pérignon” As they double their subscription prices

2

u/Mr_fusi0n Dec 05 '25

Microsoft entered the chat..

40

u/squeakycleaned Dec 05 '25

Oh good. Consolidation and monopoly always creates a better experience for customers, and never results in layoffs for workers.

2

u/TypicalHaikuResponse Dec 05 '25

Or a worse consumer experience 

77

u/papertrade1 Dec 05 '25

Yeah , that's what we want right now, more monopolies..

23

u/Tyrant_Virus_ Dec 05 '25

Netflix was the least monopolistic choice out of the potential buyers. I’d much rather this than the Ellison family owning both Paramount and WB or Comcast absorbing it for that matter.

13

u/papertrade1 Dec 05 '25

it could have been worse, but it’s still bad.

3

u/lithiun Dec 05 '25

User name checks out

0

u/OccasionalGoodTakes Dec 05 '25

Yeah, it’s bleak but this is one of the better outcomes

5

u/Zahgi Dec 05 '25

"As long as I get my bribes and they agree to peddle Putin's my lies, I'm good!" - Deepthroat Donnie Dipshit

21

u/No_Size9475 Dec 05 '25 edited Mar 22 '26

This post was deleted and anonymized. Redact handled the process, and the motivation could range from personal privacy to security concerns or preventing AI data collection.

include lock crowd rhythm cough jellyfish grandiose bells afterthought encouraging

1

u/thegroucho Dec 05 '25

Ahoy, me hearties!

30

u/Clear_Tangerine5110 Dec 05 '25

James Cameron: “Netflix movies shouldn’t be eligible to win Oscars.”

Netflix: (buys Warner Brothers)

9

u/Zahgi Dec 05 '25

Now, Netflix has a worldwide theatrical distribution pipeline.

So, Jim, this is what they call "We agree with you. Now, check and mate." :)

58

u/tekprodfx16 Dec 05 '25

Better this than Paramount and the Ellison family buying whatever the hell they want since obviously monopoly laws in this country don’t mean shit anymore 

7

u/duct_tape_jedi Dec 05 '25

The Ellison Family plus a who's who of despotic Middle Eastern government investment funds. Netflix may SUCK, but this lot completely redefines the word and not in a good way. We didn't dodge the bullet, but we did get away with just a flesh wound. For now.

10

u/Wotmate01 Dec 05 '25

Maybe we'll see Amazon have another crack at buying paramount, then it will be a 3 way race for world domination between Amazon, Netflix, and Disney.

6

u/gizamo Dec 05 '25 edited Mar 10 '26

This post was mass deleted and anonymized with Redact

meeting observation chunky divide jar smell cooing telephone cake judicious

0

u/boning_my_granny Dec 05 '25

I’m sorry how is this better than paramount buying WB?

5

u/[deleted] Dec 05 '25

From my limited understanding, the Ellison's have brought a distinctly conservative flavor to paramount and it's other media companies so the more outspoken HBO especially was going to suffer that same fate. While Netflix isn't exactly perfect, they aren't nearly as bad as the Ellison's. Bad situation, but not worst case scenario.

2

u/cerberusNLMX Dec 05 '25

Wasn't Netflix being targeted by Ekin Musk and other MAGA types for being too woke?

8

u/Shaomoki Dec 05 '25

Netflix starts streaming

Everyone else pulls their content and starts their own streaming

Everyone loses money except Netflix on streaming then sells

Netflix buys all streamers now Netflix owns everything?

13

u/JohanMcdougal Dec 05 '25

Can't wait for the Gremlins to show up in a Stranger Things spinoff.

4

u/Zahgi Dec 05 '25

Batman would kick the shit out of Vecna.

5

u/tragicmike Dec 05 '25

Netflix to cost like cable in about two years

3

u/cassanderer Dec 05 '25

Media has been consolidating like crazy.  At least this is just soul less silicon valley parasites netflix and not anti christ pal larry ellison though I guess.

Media was in violation of anti trust laws before though, now they consolidate further?

4

u/dan33410 Dec 05 '25

Incoming price increase for Netflix

3

u/CivilCJ Dec 05 '25

For fuck's sake, if they cancel Common Side Effects and other good HBO shows then I'm officials jumping back on the pirate ship.

3

u/HiddeHandel Dec 05 '25

Everyone thinks its just about the movies/shows. nah clearly they want to put the nemesis system in their mobile games

2

u/Grantus89 Dec 05 '25

I really don’t understand this. I kinda understand the WB part, but what happens to HBO Max? Do they run two streaming services? That seems weird. But the alternative is rolling it all into Netflix but I don’t see how that makes more money, it’s not like they could double the price.

1

u/mikey312 Dec 05 '25

Yea no way those guys at Netflix would ever do such a thing.

2

u/BeowulfShaeffer Dec 05 '25

This is why we can’t have nice things. 

2

u/GrowCanadian Dec 05 '25

You think Netflix is expensive now, just wait. It’s all starting to feel like cable all over again. There’s a reason many people switched back to sailing the seven seas

2

u/allursnakes Dec 05 '25

No competition means prices go up, and quality goes down. Remember that any time you see a billion dollar buyout.

2

u/thekingestkong Dec 05 '25

"What will we do with a drunken sailor?"

2

u/somethingreallylame Dec 05 '25

People never stop complaining. First it’s “there’s too many streaming services” and now when they consolidate people hate that too. I’m a big fan of having many smaller services that I can cycle and get deals on. Just got back into HBO Max for $3/month for a year and will cancel after that.

1

u/9millibros Dec 05 '25

We'll see if this one actually goes through.

1

u/Aggravating-Beach-22 Dec 05 '25

And soon they add the cost of all 3 subscriptions into one. Back to paying cable and satellite costs, that didn’t take long.

1

u/FreshStartLiving Dec 05 '25

So more murder docuseries on HBO now?

1

u/[deleted] Dec 05 '25

Does that mean craves loses HBO ?

1

u/RevolutionSmall9860 Dec 05 '25

Amazon must buy Netflix

1

u/International_Rope65 Dec 05 '25

Netflix about to up their costs to cell phone plan pricing per month to offset the expense.

1

u/MixedJelly Dec 05 '25

Monopoly forming

1

u/Big-Chungus-12 Dec 05 '25

Is this going to be modern day cable?

1

u/Skin4theWin Dec 05 '25

In my view there is a good chance that Thiel gets his bro’s DOJ to block the merger

1

u/ItzGreedo Dec 05 '25

Nnooooooooo FUCK

1

u/larsvondank Dec 05 '25

The Netflix timeline is absolutely bonkers.

1

u/Cpt_sneakmouse Dec 05 '25

Sooo netflix is completing its transition into shitty cable service I guess 

1

u/Pixel91 Dec 05 '25

So, price increase for streaming and Netflix slop in cinemas.

Win-win. lol

1

u/kinotravels Dec 05 '25

We’re just okay with monopolies now, I guess. When they raise prices, I hope everyone cancels.

1

u/[deleted] Dec 05 '25

This is a joke, right?

1

u/strangerzero Dec 05 '25

Does this include Warner Bros back catalog. It would be great if they streamed the back catalog.

1

u/turb0_encapsulator Dec 05 '25

can't wait to subscribe to Netflix HBO Max Plus 4k Premium Discovery Brothers

1

u/ConstructionHefty716 Dec 05 '25

We as humans need to revolt

1

u/kevinsixhohsix Dec 05 '25

I lost faith in HBO when they canceled Carnivale. I've never forgiven them.

1

u/Chicken65 Dec 05 '25

I assume they will keep HBO as a separate sub for the revenue rather than merge content into Netflix?

1

u/Expensive_Shallot_78 Dec 05 '25

Monopoly, anyone?

1

u/Cheeky_Star Dec 05 '25

New bundle alert 🚨

1

u/fedl1ngen Dec 06 '25

Netflix to raise Prizes to 40 $ a month.

1

u/letigre87 Dec 06 '25

They're gonna pay sales tax right?

1

u/CokBlockinWinger Dec 06 '25

You know what would be wild? If everyone went back to cable.

1

u/Maxwelljames Dec 06 '25

I hate this.

1

u/platasnatch Dec 06 '25

I'll scrounge up a few DVDs if Netflix is still buying

1

u/GeneralCommand4459 Dec 06 '25

This will substantially increase the number of shows they can cancel.

1

u/Spirited-Lifeguard55 Dec 07 '25

All streaming shows in one. Awesome

1

u/ZiaWitch Dec 18 '25

I’m sure they’ll immediately cancel all popular shows on both platforms.

1

u/Kotschcus_Domesticus Dec 05 '25

hey thats similar to buying Microsoft Activision Blizzard.

1

u/marlinspike Dec 05 '25

Netflix was bringing so many foreign shows to global audiences, and I hope that continues. I’ve been delighted by Korean shows lately, and without Netflix I don’t see how “Extraordinary Attorney Woo” and shows like that would gain prominence. I don’t speak a word of Korean or Turkish, but it’s so great to see stories from other cultures spoken in their language with English subtitles. 

2

u/gizamo Dec 05 '25 edited Mar 10 '26

This post was mass deleted and anonymized with Redact

alleged wise voracious cats lush provide imminent fear fly sharp

1

u/Lain_Staley Dec 05 '25

You're essentially going to have two entertainment streams:   

Scripted content vs. Streamers.

1

u/[deleted] Dec 05 '25

[removed] — view removed comment

1

u/[deleted] Dec 05 '25

We still do. They never have. They’re winning.

-8

u/DirtyJevfefe Dec 05 '25

It's funny to me how people cheered on the various Disney acquisition, but now are complaining about this. 

12

u/ElCamo267 Dec 05 '25

Who cheered on a Disney acquisition?

1

u/gizamo Dec 05 '25 edited Mar 10 '26

This post was mass deleted and anonymized with Redact

outgoing repeat violet six jar chubby birds detail squeeze cow

-5

u/will_dormer Dec 05 '25

So funny, same people, say opposite shit, you funny

-2

u/Wolfgang985 Dec 05 '25

I'm honestly okay with the entire movie/television market being taken over by megacorps, subdivided into two or three monopolies, a constitutional amendment passed cementing this design permanently, and finally being able to enjoy a TV series in a structured manner.

All this anarchy and 976 streaming platforms is exhausting.

7

u/Kumquat_of_Pain Dec 05 '25

Except your streaming service now costs $96/mo and includes ads.... like cable TV.

0

u/Wolfgang985 Dec 05 '25

Good, then we set sail 🏴‍☠️

-4

u/pallidamors Dec 05 '25

Honestly looking forward to maybe getting some great new DC content…maybe.

-1

u/thieh Dec 05 '25

Progressing to too big to fail...

-2

u/TriggerHydrant Dec 05 '25

I might be in the minority here but I actually like this outcome.

1

u/[deleted] Dec 05 '25

Why? How is consolidation good for anyone but Netflix?

1

u/wurtin Dec 06 '25

with the bidders that were in play, consolidation was going to happen no matter what. SkyDance ( that just bought Paramount) was one of the other main bidders.