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Netflix and Warner Bros. Deal: What Subscribers Need to Know

Netflix ‍Assures Subscribers “Nothing Is ​Changing Today” Following Warner Bros. ⁣Finding Acquisition ​Declaration

LOS⁢ ANGELES -⁢ Netflix today ​sought to reassure subscribers following it’s announcement of a deal⁢ to acquire Warner Bros. Discovery, including its film and ‌television⁤ studios, HBO ⁢Max and HBO. In a letter‍ to subscribers,⁤ Netflix ⁤stated, “Nothing is‌ changing today.Both streaming services will ⁢continue to operate separately.”

the ⁤acquisition unites Netflix’s existing library⁤ – featuring hits like ​ Stranger Things, ⁢Wednesday, Squid Game, Bridgerton and KPop Demon ​Hunters – with Warner Bros.’ iconic franchises including Harry ‍Potter, Friends, The Big Bang Theory, Casablanca, ⁣ and Game ‍of Thrones, and also ‍the DC Universe. The deal,‌ though, remains subject to regulatory⁢ and shareholder approvals.

Netflix detailed in its letter that further⁢ updates will be‍ provided as the acquisition process progresses. “We have more steps to complete before the deal is closed… ⁣You’ll hear from​ us when we have more to share,” the company stated. Subscribers were directed to Netflix’s help Center for⁤ additional information.

The company emphasized its commitment to continued service. “In the meantime,we hope you’ll‍ continue ⁣to enjoy watching as much as you want,whenever you want – all on your⁢ current membership plan,” ⁤Netflix wrote.”We’re committed to bringing you more great TV shows, movies,​ games‍ and live programming.”

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