Netflix Reassures Subscribers: “No Changes Today”
Netflix recently announced an $83 billion acquisition deal with Warner Bros, targeting its TV and film studios, including HBO Max and HBO. Following this major financial step, the streaming giant reassured its 82 million U.S. subscribers that “nothing is changing today.”
Commitment to Current Subscribers
In a four-paragraph email, Netflix emphasized that both streaming platforms will continue to function separately for the time being. Subscribers were informed that any existing HBO Max memberships should remain active until the acquisition is finalized.
Details of the Acquisition
- Transaction Amount: $83 billion
- Subscribers: 82 million in the U.S.
- Platform Operation: Netflix and HBO Max will operate separately until the acquisition is closed.
The company stated, “We have more steps to complete before the deal is closed, including regulatory and shareholder approvals.” This process may involve many hurdles, such as scrutiny from the U.S. Department of Justice and various state attorneys general.
Content Variety Post-Acquisition
Netflix expressed excitement over potentially uniting its popular titles with Warner Bros’ iconic franchises. This includes well-known series and films such as:
- Harry Potter
- Friends
- The Big Bang Theory
- Game of Thrones
- Stranger Things
- Wednesday
- Squid Game
- Bridgerton
While acknowledging the challenges ahead, Netflix invites subscribers to continue enjoying their favorite content on their current membership plans without any changes at this time.
Future Updates
Netflix has promised to keep its subscribers informed as the deal progresses. Subscribers can find further information by visiting the Netflix Help Center.
In summary, while the acquisition marks a significant moment for Netflix, the company assures its users that nothing is changing today as they await the necessary approvals to move forward.