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Netflix is reportedly exploring a bid for Warner Bros Discovery’s studio and streaming business, a move that has already sparked investor interest and lifted shares for both companies. Netflix shares rose more than 4% on Friday and shares of Warner Bros Discovery increased by more than 3%.Netflix Eyes Warner Bros Discovery Studio and Streaming BusinessThe streaming giant has retained investment bank Moelis & Co to evaluate a potential offer and has been granted access to Warner Bros Discovery’s financial data room, Reuters reported, citing sources familiar with the matter.Acquiring Warner Bros’ studio operations would give Netflix control over some of Hollywood’s most valuable intellectual property, including the Harry Potter and DC Comics franchises, as per the report. The studio also produces several Netflix hits such as Running Point, You, and Maid. HBO and its streaming service could further boost Netflix’s portfolio with high-profile dramas and additional subscribers, as per Reuters.Netflix CEO Ted Sarandos told investors last week that while the company typically favors building its own content over acquisitions, it evaluates potential deals based on scale and whether they strengthen its entertainment offerings, as per the report. Sarandos emphasized that Netflix is not interested in acquiring Warner Bros Discovery’s cable networks, including CNN, TNT, Food Network.ALSO READ: Netflix Halloween movies 2025: Here's what kids, teens, and adults can watch todayLive EventsWarner Bros Discovery Weighs Strategic Options Amid Multiple OffersWarner Bros Discovery recently announced it would explore strategic options after receiving multiple unsolicited offers, including one from Paramount Skydance to acquire the entire company, as per the Reuters report. The board is reportedly weighing whether to move forward with a planned split, separating the film and television studios and HBO/HBO Max from its television business, or pursue a sale of all or part of the company.ALSO READ: Bitcoin price holds steady at $110,000: Key levels and market trends to watch in NovemberComcast Evaluates Complementary Media Assets Amid Industry MovesSeparately, Comcast President Mike Cavanagh said his company is evaluating media assets that complement its existing business and dismissed concerns about regulatory hurdles, noting that “more things are viable than maybe some of the public commentary that’s out there,” as quoted by Reuters.FAQsIs Netflix really planning to buy Warner Bros Discovery?Yes, Netflix is exploring a potential acquisition of Warner Bros Discovery’s studio and streaming business.Which investment bank is helping Netflix with this deal?Netflix has hired Moelis & Co to evaluate the prospective offer.Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel) Read More News onNetflix buys Warner Bros studioNetflixNetflix stock todayNetflix latest news todayNetflix Warner Bros Discovery acquisitionWarner Bros studio sale newsWarner Bros Discovery stockWarner Bros Discovery saleNetflix acquisition Warner Bros DiscoveryMoelis & Co investment bank (Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates....moreless (You can now subscribe to our Economic Times WhatsApp channel)Read More News onNetflix buys Warner Bros studioNetflixNetflix stock todayNetflix latest news todayNetflix Warner Bros Discovery acquisitionWarner Bros studio sale newsWarner Bros Discovery stockWarner Bros Discovery saleNetflix acquisition Warner Bros DiscoveryMoelis & Co investment bank(Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates....moreless Explore More Stories123
