The Most Important Media Deals of Q4 2025: Apple, Netflix, Meta, Disney |
From Apple’s sports push to Netflix’s mega-acquisition, media giants closed 2025 with bold bets. AFP via Getty Images
The closing months of 2025 saw media companies ramp up dealmaking across film, TV, publishing and technology. Streaming platforms poured money into sports rights, bundling strategies and tech partnerships, while other players turned to acquisitions and licensing agreements. The quarter’s most dramatic moment came when Netflix announced its $83 billion bid for Warner Bros. Discovery’s streaming and studio assets—only for rival Paramount Skydance to counter with a cash offer for all of WBD. (At press time, WBD has formally recommended that shareholders accept Netflix’s offer.)
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See all of our newslettersHere’s a look at some of the most notable media and tech deals that made headlines during the fourth quarter:
Paramount Skydance acquires The Free Press
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