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HomeNEWSNetflix reportedly exploring $ deal to acquire Warner Bros. Discovery

Netflix reportedly exploring $ deal to acquire Warner Bros. Discovery

Netflix is reportedly considering a takeover of Warner Bros. Discovery, the entertainment group behind HBO, DC Comics, and Harry Potter, according to Reuters.

Sources say Netflix has hired Moelis & Co., the investment bank that recently advised Skydance Media on its Paramount Global acquisition, to assess a potential bid. The streaming giant has already been granted access to Warner Bros. Discovery’s confidential financial data, signaling serious interest.

Read full article here: turnovernews.com

Read also: Saudi Arabia Takes Over EA Games, a Company with Offices in Romania

Photo: MSN

Teodora Helerman
Teodora Helerman
Online editor, content writer, blogger, and social media specialist, with experience in writing and publishing news, creating original content, and adapting materials for various digital platforms.
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