Netflix Inc. obtained global streaming rights to Sony Group Corp.’s films after they complete their run in theaters and pay-per-view, adding releases from one of Hollywood’s biggest studios.
Netflix headquarters in Los Angeles, California, US, on Friday, Dec. 5, 2025. Netflix Inc. has lined up $59 billion of financing from Wall Street banks to help support its planned $72 billion acquisition of Warner Bros. Discovery Inc., which would make it one of the largest ever loans of its kind. Photographer: Ethan Swope/Bloomberg
Goldman Sachs Group Inc. is leading a takeover of a historic Los Angeles studio lot after the owner, Hackman Capital Partners, defaulted on a $1.1 billion mortgage.
Radford Studio Center in Studio City, California. Photographer: Gary Coronado/The Los Angeles Times/Getty Images
Hollywood writers, producers, directors and theater owners voiced skepticism over Netflix Inc.’s proposed $82.7 billion takeover of Warner Bros. Discovery Inc.’s studio and streaming businesses, saying it threatens to undermine their interests.
Comcast Corp. is looking to merge its NBCUniversal division with Warner Bros. Discovery Inc., according to people familiar with the company’s plans.
Warner Bros. Studios in Burbank, California, US, on Wednesday, Nov. 26, 2025. Warner Bros. Discovery Inc., the parent of HBO and CNN, has asked potential buyers to submit new, sweetened offers after receiving an initial round of bids, people familiar with the matter said.
Netflix Inc., Comcast Corp. and Paramount Skydance Corp. all submitted bids for Warner Bros. Discovery Inc., according to people with knowledge of the matter, setting the stage for one of Hollywood’s biggest companies to be sold.
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