**Netflix is acquiring Warner Bros. Discovery for $82.7 billion**, marking a major consolidation in the entertainment industry where Netflix leverages its market-leading position to significantly expand its content IP and production capabilities[6]. This deal represents a strategic shift for streaming, with Netflix absorbing Warner Bros.’ extensive catalog and HBO operations to strengthen its competitive moat against other streaming platforms[6].

References:
1. https://techstartups.com/2025/12/04/top-tech-news-today-december-4-2025/
2. https://www.marketingprofs.com/opinions/2024/52444/ai-update-december-6-2024-ai-news-and-views-from-the-past-two-weeks
3. https://www.crn.com/news/channel-news/2025/the-10-biggest-news-stories-of-2025-so-far
4. https://blog.google/technology/ai/google-ai-updates-december-2024/
5. https://www.youtube.com/watch?v=eg70HJQti84
6. https://entertainmentstrategyguy.com/2025/12/06/why-i-love-netflix-buying-warner-bros/
7. https://techcrunch.com