AssetID: 55230800
Headline: UNCAPTIONED: Netflix Explores Potential Bid for Warner Bros Discovery Studio and Streaming Assets
Caption: Netflix Explores Potential Bid for Warner Bros Discovery Studio and Streaming Assets. Netflix is exploring a potential acquisition of Warner Bros Discovery’s studio and streaming business, according to sources familiar with the matter. The streaming giant has hired investment bank Moelis & Co — the same firm that advised Skydance Media in its successful bid for Paramount Global — to assess a possible offer. Sources say Netflix has been granted access to Warner Bros Discovery’s financial data room, allowing it to evaluate the studio’s value and prospects. Warner Bros Discovery and Moelis declined to comment, while Netflix did not respond to requests for clarification. Acquiring Warner Bros’ studios would give Netflix control over major franchises like Harry Potter and DC Comics, as well as hit series it already distributes such as You and Maid. The deal would also include HBO and HBO Max, enhancing Netflix’s prestige content lineup and expanding its subscriber base. CEO Ted Sarandos told investors Netflix remains “more builders than buyers,” and would not pursue Warner Bros Discovery’s cable networks, including CNN and TNT. Warner Bros Discovery is currently weighing multiple unsolicited offers — including one from Paramount Skydance — as it considers splitting its studio and TV divisions. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current Affairs & Politics,Netflix,Warner Bros Discovery,Moelis & Co,Ted Sarandos,HBO,HBO Max,Harry Potter,DC Comics,streaming acquisition,entertainment industry
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