The completion of the deal is expected after the spin-off of the WBD Discovery Global division into a separate public company, which is scheduled for the third quarter of 2026.Ted Sarandos, co-CEO of Netflix, expressed confidence in obtaining all necessary approvals from regulatory authorities, adding that the process is well underway.
According to him, combining Warner Bros. content with Netflix's original series, such as "Stranger Things," will provide viewers with more of what they value and help shape the future of storytelling.
Sarandos also noted that while this acquisition may have surprised some investors, it is a "unique opportunity" to ensure Netflix's success for many decades to come.
