Home / Business and Economy / Netflix Explores Acquiring Warner Bros. Discovery's Iconic Film Franchises
Netflix Explores Acquiring Warner Bros. Discovery's Iconic Film Franchises
31 Oct
Summary
- Netflix actively exploring acquisition bid for Warner Bros. Discovery
- Potential deal could include DC Universe, Harry Potter, and classic film libraries
- Apple's services revenue up 15% in Q3 2025, iPhone sales expected to surge
According to a recent report, the streaming giant Netflix is actively exploring a potential acquisition of Warner Bros. Discovery. The company has retained investment bank Moelis & Co. to put together a prospective offer, and Warner Bros. Discovery's board has granted Netflix access to its financials as part of the process.
If successful, this deal could give Netflix control over a trove of iconic film franchises, including the DC Universe's Superman and Batman, the Harry Potter series, and classic movies like "Casablanca," "Goodfellas," and "The Shining." However, Netflix co-CEO Ted Sarandos has indicated that the company has "no interest in owning legacy media networks," suggesting that an acquisition of Warner Bros. Discovery's entire business, including networks like CNN and TBS, is unlikely.
In other news, Apple's services revenue increased 15% to hit a new record in the September 2025 quarter. The company's CEO, Tim Cook, has also promised a year-end boom in iPhone sales, signaling a strong performance for the tech giant's flagship product.
