Netflix Is Buying Warner Bros. Discovery for $72 Billion. Here's What It Means for Investors

Streaming giant Netflix (NASDAQ: NFLX) just announced its largest acquisition ever. The company plans to acquire certain assets owned by Warner Bros. Discovery (NASDAQ: WBD) for $72 billion.This is somewhat uncharacteristic of Netflix, which typically relies on content it produces itself and licensing deals to feature content owned by third parties. So, here are the details of the deal and what Netflix's investors should keep in mind.Netflix announced that it will acquire the HBO Max streaming service as well as the Warner Bros. film studio from Warner Bros. Discovery. The deal values the company at $27.75 per share, which implies a $72 billion equity valuation for the assets. The company will also assume $10.7 billion in net debt on Warner Bros. Discovery's balance sheet.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool