The original content of Democracy Now! Headlines appears under the Creative Commons BY-NC-ND 3.0 License (United States). For more, including their other shows and media, visit www.democracynow.org. December 5, 2025 Netflix Announces $72 Billion Deal to Buy Warner Bros. Discovery ---------------------------------------------------------------- In business news, Netflix has announced it will buy Warner Bros. in a deal worth at least $72 billion. The deal could reshape the entertainment and media industry, as it will give Netflix control of Warner's movie and TV studios, as well as the HBO Max streaming service. .