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[STEAM] Netflix has agreed to buy Warner Bros, including game developers behind Mortal Kombat, Hogwarts Legacy

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has agreed a deal to acquire the film and streaming business of Warner Bros Discovery, which also includes its video game arm.

After weeks of bidding from companies including Comcast and Paramount Skydance, the pair announced a deal worth $82.7 billion in enterprise value on Friday.

Warner Bros. owns IPs such as Harry Potter, Game of Thrones, and DC Universe. It also owns video game developers like Mortal Kombat’s NetherRealm Studios, Batman: Arkham creator Rocksteady, Hogwarts Legacy’s Avalanche, and Lego game studio TT Games.

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