Netflix Considering Bidding On Warner Bros.


This article covers a developing story. Continue to check back with us as we will be adding more information as it becomes available.

A new report reveals that streaming giant Netflix is considering placing a bid to buy out Warner Bros. This news comes shortly after similar reports surfaced that Paramount was also looking to buy the studio behind Sinners, Weapons, and Superman this year alone.

Following Paramount CEO David Ellison’s “presumptive all-cash bid for Warner Bros. Discovery,Puck‘s Dylan Byers has followed up to reveal thata well-placed Hollywood source called to suggest that Netflix was also considering a bid for David Zaslav’s [WBD CEO and president] assets.

Byers acknowledges that this scenario was once “implausible,” but that Ellison’s seemingly limitless cash and ambition have accelerated Hollywood’s consolidation process, and his decision to bid for all of WBD now—in an attempt to preempt potential rivals—is forcing nearly everyone to dust off their models.

These potential bids are coming after Warner Bros.’ historic summer with a streak of successful movies at the box office.

This article covers a developing story. Continue to check back with us as we will be adding more information as it becomes available.



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