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News that Netflix plans to buy Warner Bros. in a massive deal is raising lots of questions -- including for consumers.
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The prospect of Paramount's buying Warner Bros. Discovery had led CNN journalists to wonder if the channel may be combined with CBS News. Instead, CNN will remain in a separate corporate entity.
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Dec. 5, 2025 | Leaders from Canada, U.S. and Mexico meet privately to talk trade after the FIFA World Cup draw. Netflix moves to buy Warner Bros. Discovery in a mega deal that could transform Hollywood. And legendary architect Frank Gehry dies.
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The merger, announced Friday, would bring two of the industry's biggest players in film and TV under one roof. Beyond its television and motion picture division, Warner owns HBO Max and DC Studios.
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