Netflix and Warner Bros. have complementary businesses, which is why we plan to continue operating them independently — with the teams that currently run them. We’ll also keep growing our long-term investment in original films and series and expanding U.S. production capacity. Over the last four years, we’ve contributed over $125 billion to the U.S. economy and hired more than 140,000 cast and crew members, filming across all 50 states. With Warner Bros., we’ll be able to do even more.

With the addition of Warner Bros.’ extensive library of beloved IP, we’ll be able to build on our track record of creating stories that audiences all over the world love. And we’ll open doors for both established and emerging creators and filmmakers to expand cherished franchises and create new worlds.

For more than a century, Warner Bros. has helped define the theatrical experience that audiences love and on-screen talent and below-the-line workers depend on. We understand that, which is why we will release Warner Bros. movies in theaters exactly the way they are today, with a 45-day window.