On the Record · Netflix
Netflix acquisitions, on the record
The businesses Netflix bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Scanline and Animal LogicWord for word“We are also scaling our own studio operations to produce original content, including through acquisitions such as Scanline and Animal Logic.” 10-K for 2022 | acquisition | — | — |
acquisitions in the year ended December 31, 2022 (unnamed businesses)Word for word“The increase in net cash provided by (used in) investing activities is primarily due to proceeds from the maturities of short-term investments, net of purchases, and there being no acquisitions in the year ended December 31, 2023, as compared to acquisitions for an aggregate amount of $757 million in the year ended December 31, 2022.” 10-K for 2023 | acquisition | year ended December 31, 2022 | $757 million |
an unnamed business acquired in December 2025Word for word“In December 2025, the Company completed an acquisition which was accounted for as a business combination for a total purchase price of approximately $ 28 million, consisting of cash consideration.” 10-K for 2025 | acquisition | In December 2025 | approximately $ 28 million |
Warner Bros. Discovery, Inc. streaming and studios businesses, including its film and television studios, HBO Max and HBOWord for word“Under the terms of the Amended and Restated Merger Agreement, each WBD stockholder will receive $27.75 in cash (as may be adjusted in accordance with the terms of the Amended and Restated Merger Agreement) for each share of WBD common stock outstanding as of immediately prior to the closing of the WBD transaction, for a total equity value of approximately $72.0 billion and an enterprise value of approximately $82.7 billion (in each case, as of December 4, 2025).” 10-K for 2025 | agreed acquisition | December 4, 2025 | $27.75 in cash |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2019-12-31 | $0 |
| 2020-12-31 | $0 |
| 2021-12-31 | $788.3 million |
| 2022-12-31 | $757.4 million |
| 2023-12-31 | $0 |
| 2024-12-31 | $0 |
| 2025-12-31 | $17.2 million |
Deal filings since 2016
- 2026-01-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-12-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-06-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-04-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-10-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-04-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-10-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Netflix’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2026-01-23. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.