Mapping Warner Bros’ checkered M&A history

Netflix has agreed to buy Warner Bros Discovery's TV and film studios and streaming division for $72 billion in a deal that could give it access to one of Hollywood's most valuable libraries. Here's a timeline from the founding of Time Inc and Warner Bros to the company's latest breakup and potential sale. Reuters

- 

Netflix has agreed to buy Warner Bros Discovery's TV and film studios and streaming division for $72 billion in a deal that could give it access to one of Hollywood's most valuable libraries.

2025: The final hurdle

JUNE: Warner Bros Discovery announces it would separate into two units — one focusing on streaming and studios businesses, while the second will house its cable TV assets

OCTOBER: Warner Bros Discovery's board rejects a Paramount Skydance offer of nearly $60 billion, or $24 per share

NOVEMBER: Warner Bros Discovery gets preliminary buyout bids from Paramount Skydance, Comcast and Netflix who were asked to improve their offers

DECEMBER