Story perspectives

Netflix's $72B Bid for Warner Bros. Sparks Competition Concerns

1/3/2026

Summary

Story summary

Netflix has proposed a US$72 billion acquisition of Warner Bros. Discovery, pending regulatory approval, to expand its content library with Warner Bros. and HBO (Home Box Office) titles.
In India, industry players warn the deal could divert cinema audiences and heighten streaming competition.
The Multiplex Association of India cautions the deal may jeopardize local cinema recovery post-Covid-19.
Netflix India has 16 million subscribers and ranks third in the local streaming market.

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Story summary

Netflix has proposed a US$72 billion acquisition of Warner Bros. Discovery, pending regulatory approval, to expand its content library with Warner Bros. and HBO (Home Box Office) titles.
In India, industry players warn the deal could divert cinema audiences and heighten streaming competition.
The Multiplex Association of India cautions the deal may jeopardize local cinema recovery post-Covid-19.
Netflix India has 16 million subscribers and ranks third in the local streaming market.