Netflix is considering buying WBD, which is currently involved in a bid war with Paramount Global, while also being more profitable than Disney.
1 report, 1 independent
Updated Jun 22
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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.- 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
- A company (ISI) abandoned its bid for Warner Bros. Discovery assets, leading to analyst rating changes and market speculation.
- Netflix declined a higher bid from rival Paramount concerning the acquisition of Warner Bros. Discovery.
- Netflix collected a termination fee related to a deal with Warner Bros. Discovery.
- Paramount seeks to settle the $110B merger with Warner Bros. Discovery, facing continued opposition from a state coalition.
- Netflix and Skydance Media engaged in a bidding war for Warner Bros. Discovery, while Netflix also reportedly targeted Lionsgate Studios.