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Greg Peters

Greg Peters

CEO of Netflix

Appears in 3 stories

Born: 1970 (age 56 years)
Education: Yale University

Notable Quotes

Peters said acquiring Warner’s assets would “improve our offering and accelerate our business for decades to come.”([foxbusiness.com](https://www.foxbusiness.com/lifestyle/netflix-buy-warner-bros))

“This acquisition will improve our offering and accelerate our business for decades to come … and create more value for shareholders.” ([ir.netflix.net](https://ir.netflix.net/investor-news-and-events/financial-releases/press-release-details/2025/NETFLIX-TO-ACQUIRE-WARNER-BROS--FOLLOWING-THE-SEPARATION-OF-DISCOVERY-GLOBAL-FOR-A-TOTAL-ENTERPRISE-VALUE-OF-82-7-BILLION-Equity-Value-of-72-0-Billion/default.aspx?utm_source=openai))

“This acquisition will improve our offering and accelerate our business for decades to come … we expect at least $2 to $3 billion of cost savings per year by year three.” (Netflix press release, Dec. 5, 2025) ([ir.netflix.net](https://ir.netflix.net/investor-news-and-events/financial-releases/press-release-details/2025/NETFLIX-TO-ACQUIRE-WARNER-BROS--FOLLOWING-THE-SEPARATION-OF-DISCOVERY-GLOBAL-FOR-A-TOTAL-ENTERPRISE-VALUE-OF-82-7-BILLION-Equity-Value-of-72-0-Billion/default.aspx?utm_source=openai))

Stories

Paramount Skydance’s $108 billion hostile bid ignites a fight for Warner Bros. Discovery

Money Moves

Architect of Netflix’s signed deal to acquire WBD’s studios and streaming business

In late 2025, Warner Bros. Discovery (WBD) put itself in play, drawing bids from Netflix, Paramount Skydance, and Comcast in a rare open bidding war over a century-old Hollywood studio. On December 5, 2025, WBD's board took Netflix's $72 billion cash-and-stock offer for its studios and streaming arm (HBO, DC, and Warner Bros. film and TV operations), excluding CNN and the cable networks.

Updated 6 days ago

Netflix’s $82.7 billion bid for Warner Bros. rewrites the streaming wars

Money Moves

Leads integration and financial execution of the transaction

On December 5, 2025, Netflix announced a definitive deal to acquire Warner Bros.' film and television studios and streaming businesses, including HBO and HBO Max, valued at $72 billion in equity and $82.7 billion including debt. On January 20, 2026, the parties amended to an all-cash structure at $27.75 per share, with a shareholder vote expected by April 2026.

Updated 6 days ago

Netflix’s $72 billion bid for Warner Bros. reshapes the streaming power map

Money Moves

Now publicly leading deal-certainty messaging against Paramount’s tender offer; Netflix says HSR materials have been submitted.

After Netflix and Warner Bros. Discovery announced their $72 billion equity-value agreement on December 5, the transaction quickly became a live bidding contest and a regulatory test case. On December 8, Paramount Skydance launched an unsolicited all-cash tender offer at $30 per share to derail the Netflix deal and keep WBD intact, including networks slated for its Discovery Global spin-off. Within days, Netflix began a coordinated shareholder push backing its signed merger agreement and emphasizing regulatory execution, while WBD prepared formal filings to respond to the tender offer.

Updated 7 days ago