Streaming platform Netflix intends to bid for the acquisition of audiovisual giant Warner Bros. Discovery (WBD). The news was reported by journalist Dylan Byres on Puck News, a US digital media outlet, a few days after it came to light that Paramount (Skydance) was interested in the same company.
The journalist wrote: “A well-placed Hollywood source called to suggest to me that Netflix was also considering a bid for David Zaslav’s assets (Editor’s Note: David Zaslav is the President and CEO of Warner Bros. Discovery).” The article mentions that Ted Sarandos, Co-CEO at Netflix, and David Zaslav were seen together at the Crawford vs. Canelo Álvarez fight, which was aired live on the red platform.
Puck News did not give many details about Netflix’s intentions, whether the bid would be made for the entire company or only for the division that will be in charge of studios and streaming operations, given that WBD is undergoing a split process, which is estimated to finalize in mid 2026.
In addition to Netflix and Paramount, another company that is interested in acquiring WBD, according to Puck News, is Comcast, the owner of NBCUniversal. Although the takeover is said to be implausible, mainly from a regulatory perspective in the United States, it has been reported that the company has been running the numbers on WBD over the last few days.