Netflix Actively Exploring Bid for Warner Bros. Discovery, New Report Claims

Image for article Netflix Actively Exploring Bid for Warner Bros. Discovery, New Report Claims
News Source : IGN

News Summary

  • Streamer is "actively" exploring a bid for Warner Bros.
  • Discovery.
  • It has hired an investment bank to work on a prospective offer.
  • There has been speculation that DC Studios co-CEO James Gunn, architect of the rebooted DC Universe, may leave his position as a result of a merger.
  • But Bloomberg reported that David Ellison, CEO and controlling shareholder of Paramount, plans to keep the creative teams of the two studios intact, while consolidating some of the marketing and distribution, should its deal go through.
Netflix is in the mix for Warner Bros. Discovery, a new report has claimed.Reuters reported that the streamer is actively exploring a bid for the company behind 2025 hits A Minecraft Movie, Super [+3116 chars]

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