Warner Bros. Acquisition Poised to Expand Netflix’s Real Estate Footprint in Brazil

With roughly 12,000 m² currently spread across corporate offices and industrial properties, the company is expected to consolidate operations and accelerate its expansion following the US$82.7 billion megadeal.

David Zaslav, president and CEO of Warner Bros. Discovery

By: SiiLA News

12/05/2025

This Friday (05), Netflix announced the acquisition of Warner Bros. for US$82.7 billion. The deal was carried out through an auction conducted by the studio’s owner, Warner Bros. Discovery Inc. (WBD), and includes its film and TV studios, HBO, and the HBO Max streaming service.

The entire transaction is being made through a mix of cash and stock at approximately US$27.75 per WBD share, resulting in a total valuation of about US$82.7 billion and a book value of US$72 billion.

The acquisition comes as WBD’s Global Networks division, Discovery Global, seeks to separate its operations.

“Today’s announcement combines two of the greatest storytelling companies in the world to bring to even more people the entertainment they love to watch the most,” said David Zaslav, President and CEO of Warner Bros. Discovery. “For more than a century, Warner Bros. has thrilled audiences, captured the world’s attention, and shaped our culture. By coming together with Netflix, we will ensure people everywhere will continue to enjoy the world’s most resonant stories for generations to come.”

Impact in Brazil

With this deal, Netflix’s presence in Brazil is expected to expand significantly. Currently, the company occupies 6,400 m² in the OPI-07 building, leased recently. The streaming service also rents 5,300 m² in the industrial property RBCA – Royal Business Center Anhanguera, in Barueri.

Warner Bros., meanwhile, occupies 2,300 m² in The One building on Faria Lima and in the Centro Administrativo Rio Negro in Alphaville. Discovery Networks Brasil occupies 2,000 m² in the E-Tower building.

According to the announcement, closing of the transaction is subject to necessary regulatory approvals, approval from WBD shareholders, and other customary closing conditions. The deal is expected to be completed within 12 to 18 months.

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