"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. "For more than a century, Warner Bros. has thrilled audiences, captured the world's attention, and shaped our culture. By coming together with Netflix, we will ensure people everywhere will continue to enjoy the world's most resonant stories for generations to come."
Netflix to buy Warner Bros. in cash-and-stock deal worth almost $83 billion
→
The company's president and CEO, David Zaslav, said in the statement that it continues to "make important strides to position our business to succeed in today's evolving media landscape by advancing our strategic initiatives, returning our studios to industry leadership, and scaling HBO Max globally."
Netflix's potential acquisition of Warner Bros. Discovery ignites antitrust concerns
→
