Netflix finally speaks out and delivers a strong message to its customers.

On the morning of Friday, Netflix revealed a major development, announcing it had acquired Warner Bros. Discovery, Inc., including HBO Max and HBO. While the news immediately caught attention, the implications for viewers remained unclear. Netflix addressed these concerns on December 6, providing guidance to its audience.

Netflix Confirms Acquisition

Netflix officially shared the news of the acquisition in a press release. The company stated that it had entered into a definitive agreement to acquire Warner Bros., encompassing its film and television studios, HBO Max, and HBO.

Co-CEOs Greg Peters and Ted Sarandos highlighted the potential impact of the acquisition. Peters said it will enhance Netflixs offerings and support long-term growth. Sarandos emphasized that combining Warner Bros. extensive libraryincluding classics like Casablanca and Citizen Kane as well as modern hits like Harry Potter and Friendswith Netflix originals such as Stranger Things and Squid Game will allow the company to better entertain audiences worldwide.

Message to Subscribers

Following the announcement, subscribers had questions about potential changes to their services. Netflix addressed these concerns in a letter sent on Saturday morning, assuring customers that no immediate changes will occur. Both streaming services will continue to operate independently while the acquisition undergoes regulatory and shareholder approvals.

The company stated: Nothing is changing today. Both streaming services will continue to operate separately. We have more steps to complete before the deal is closed, including regulatory and shareholder approvals. You'll hear from us when we have more to share. In the meantime, we hope you'll continue to enjoy watching as much as you want, whenever you wanton your current membership plan.

Future Possibilities

While subscribers can continue using both platforms without interruption for now, future changes could include a unified app and potential adjustments to pricing. For the moment, viewers can enjoy their content as usual.

Author: Chloe Ramirez