Netflix is considering buying WBD, which is currently involved in a bid war with Paramount Global, while also being more profitable than Disney.
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Updated oct 22
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How it started
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What happened
Netflix is considering buying WBD, which is currently involved in a bid war with Paramount Global, while also being more profitable than Disney.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Netflix has initiated a pending all-cash acquisition of WBD.1 source
- Paramount sought the acquisition of Warner Bros. Discovery, while Netflix withdrew from the bidding war for the media giant.Sub-event
Netflix is evaluating WBD acquisition amid bid wars and profitability comparisons with Disney.1 source
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The entities involved
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Netflix
American subscription video on-demand over-the-top streaming service
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Warner Bros. Discovery
American mass media and entertainment conglomerate
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The Walt Disney Company
American multinational mass media company
Related events
- Netflix collected a termination fee related to a deal with Warner Bros. Discovery.
- Major streaming platforms Netflix, Warner Bros. Discovery, and Walt Disney are currently operating as direct competitors in the subscription market.
- Streaming services like Disney+, Netflix, and Amazon are competing for consumer attention.
- Major streaming services, including Disney+, Netflix, Apple TV, and Sony Group, are competing for content licensing deals.