According to reports from Reuters, a major deal could be in the works. Netflix is said to be preparing a bid for Warner, which if successful, would give them access to some of the biggest brands in the biz. From Superman to Batman, Harry Potter, and a huge archive of classic films to boost. The streaming giant is said to have engaged investment bank Moelis & Co. to draw up a possible offer, while also gaining insight into Netflix's finances.
This of course has the potential to completely reshape the streaming landscape, especially regarding catalogue titles and the rights tied to them. It is worth noting that that there are a couple of other big players such as Paramount Global, Skydance Media, and Comcast who've also shown interest, as well as put in some bids, which thus far has been rejected on the basis of simply being too low.
What are your thoughts on a potential Warner acquisition by Netflix?
