Birth of a Super Giant Media Company? News of Netflix's Acquisition of Warner Reported

Despite reports that Netflix is seeking advice from investment banks, there is no official stance from either company

Netflix social media capture
Netflix social media capture

Big news has emerged that Netflix is considering the acquisition of Warner Bros. Discovery.

The media outlet 'CNBC' reported that Netflix is actively moving to acquire Warner Bros. Discovery, confirming this with several sources. According to the report, Netflix is having acquisition proposals reviewed by the investment bank that provided advice on the merger between Skydance Media and Paramount.

If Netflix acquires Warner Bros. Discovery, it could secure rights to various franchises such as 〈Harry Potter〉 and DC Comics. Additionally, it could gain more subscribers through the OTT platform HBO MAX, which Warner Bros. Discovery operates.

Currently, neither Netflix nor Warner Bros. Discovery has shown any significant reaction to CNBC's report. Meanwhile, Netflix recently announced a 10-for-1 stock split.

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