Why Netflix says its Warner Bros. deal won't be a failure like other media mega-mergers before it

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PHILADELPHIA, PENNSYLVANIA - NOVEMBER 10: (L-R) Greg Peters and Pennsylvania Governor Josh Shapiro speak at the Netflix House Philadelphia Grand Opening Event at Netflix House King of Prussia on November 10, 2025 in Philadelphia, Pennsylvania. (Photo by Roy Rochlin/Getty Images for Netflix)
Netflix co-CEO Greg Peters speaks at the opening of Netflix House.

Roy Rochlin/Getty Images for Netflix

Read the memo Warner Bros. Discovery sent employees after Netflix won the bidding war for its key assets

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Sarandos WBD
Ted Sarandos' Netflix just won the bidding war for Warner Bros. Discovery.

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Netflix to acquire Warner Bros. for $72 billion in a deal that could reshape Hollywood

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Netflix.
Elon Musk urged his X followers to cancel their Netflix subscriptions on Wednesday.

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Netflix Is One Step Closer to Buying Warner Bros.

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Warner Bros Netflix Deal

A Ferrari and over 480 takeout orders: FBI details spending spree of Netflix director in $11 million fraud case

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Carl Rinsch trial
Carl Rinsch is on trial in Manhattan federal court over criminal allegations that he defrauded Netflix and went on a spending spree with the $11 million earmarked for a TV show production.

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The stars of 'Stranger Things,' ranked by success

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Finn Wolfhard, Noah Schnapp, Sadie Sink, Caleb McLaughlin, Millie Bobby Brown, and Gaten Matarazzo attend Netflix's
Finn Wolfhard, Noah Schnapp, Sadie Sink, Caleb McLaughlin, Millie Bobby Brown, and Gaten Matarazzo.

Roger Kisby/Getty Images for Netflix

Jury hears how Netflix director lost a fortune on options trades — days after streamer sent him $11M for 'visionary' show

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Director Carl Erik Rinsch at a 2015 event in Los Angeles.
Director Carl Erik Rinsch at a 2015 event in Los Angeles.

John Sciulli/Getty Images for Team One, Saatchi LA

Aubrey O'Day says she has no recollection of a possible sexual assault by Diddy: 'I don't want to know'

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Aubrey O'Day looking off camera
Aubrey O'Day.

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‘Stranger Things’ Star Cara Buono Talks About Her Wine Mom Breakout Moment

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Ex-Netflix executive details how a 'visionary' project slowly unraveled into an alleged $11 million fraud

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Peter Friedlander
Former Netflix executive Peter Friedlander testified in the criminal trial of Carl Rinsch, who is accused of defrauding the streamer of $11 million.

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