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Netflix Explores Potential Bid for Warner Bros. Discovery's Studio and Streaming Business
31 Oct
Summary
- Netflix taps Moelis & Co. to explore potential bid for Warner Bros. Discovery
- Netflix granted access to WBD's data room to review financial details
- WBD launched strategic review after receiving "unsolicited interest" from multiple parties
As of October 31st, 2025, the media landscape is in flux as Netflix explores a potential acquisition of Warner Bros. Discovery's (WBD) studio and streaming business. According to Reuters, the streaming giant has tapped investment bank Moelis & Co. to assist in this endeavor.
Furthermore, Netflix has reportedly been granted access to WBD's data room, allowing the company to review the financial details necessary to make a potential offer. This development comes on the heels of WBD's recent announcement that it has launched a strategic review following "unsolicited interest" from "multiple parties" for all or part of the company.
