Netflix has officially agreed to acquire Warner Bros Discovery in a historic deal valued at $82.7 billion. The purchase includes not only Warner Bros’ film and streaming assets but also its gaming division, which owns several of the world’s most famous studios and franchises.

This means that Rocksteady Studios (creators of Batman: Arkham), NetherRealm Studios ( Mortal Kombat and Injustice ), Avalanche Software ( Hogwarts Legacy ), and TT Games (known for LEGO titles) may now fall under Netflix’s control.

Netflix Acquires Warner Bros Discovery

Netflix stated that this acquisition “brings together two pioneering entertainment businesses,” combining its global reach and streaming expertise with Warner Bros’ long-standing history of storytelling.

According to Netflix co-CEO Ted Sa

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