After weeks of accepting bids from potential suiters, it’s been announced that Netflix is set to buy Warner Bros. in 2026. The deal is expected to close after Warner Bros. Discovery completes its split into two separate companies.
In a joint press release on Friday, it was revealed that Netflix will be acquiring only the Streaming & Studios side of the split as part of the $82.7 billion deal. That means, based on the previously announced details, Netflix will own Warner Bros. Games. That means studios like NetherRealm, Rocksteady, TT Games, and Avalanche will likely all soon fall under the Netflix Games umbrella.
UPDATE 8:35 am ET: Netflix has confirmed that it will include Warner Bros. Games
“Today’s announcement combines two of the greatest storytelling companies in the world to bring to even more people the entertainment they love to watch the most,” Warner Bros. Discovery president and CEO David Zaslav said.
Netflix co-CEO Greg Peters added, “This acquisition will improve our offering and accelerate our business for decades to come.
“With our global reach and proven business model, we can introduce a broader audience to the worlds they create—giving our members more options, attracting more fans to our best-in-class streaming service, strengthening the entire entertainment industry and creating more value for shareholders.”
It’s worth mentioning that, while the deal mentions a full acquisition of Warner Bros., which is set to be the name of the streaming and studios side of the company, there was no mention of the games division in the press release.
Insider Gaming has reached out to Warner Bros. and Netflix for clarification on what the plans are for the gaming division. Should a response be received, it will be added to this story.
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Mike has been covering the gaming industry since 2012, and has reported on some of the largest events in the industry while also working as an investigative reporter. Outside of…
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