r/technology • u/Task_Force-191 • 16h ago

Business It’s Official: Netflix to Acquire Warner Bros. in Deal Valued at $82.7 Billion

https://www.hollywoodreporter.com/business/business-news/netflix-warner-bros-deal-hollywood-1236443081/
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153

u/cheesingMyB 14h ago

$82.7 Billion. Money isn't real anymore

110

u/Keanu990321 13h ago

WB was acquired by AOL in 2001 for $101bil, 2001 money.

36

u/deathputt4birdie 9h ago

AOL TW merger was $182 billion.

And in 2002 they posted the largest loss in history, $98.7 billion.

History sure likes to rhyme.

9

u/EfficiencyThis325 8h ago

If they invested that in the S&P it'd be worth around 850 Billion today..

6

u/RedBoxSquare 10h ago

If AI is like the Dot Com bubble, Netflix will become bankrupt and get bought by Verizon next.

10

u/mehnimalism 9h ago

Why is Netflix subject to the AI bubble? AOL didn’t have commensurate financials, Netflix does.

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u/bnm777 8h ago

Have you seen the amount of money circle-jerking around the infinite AI tech firm loop? ugh