Industry insiders say Netflix has started to look at Warner Bros as a possible purchase. The streaming giant hired Moelis & Co. to review the financial details of the Hollywood studio. By doing so, Netflix wants to know if a deal could work for both companies.

Warner Bros remains on the market after rejecting several offers from Skydance. The studio still displays a “For Sale” sign and attracts many potential buyers. Paramount and Skydance made recent bids, but Warner Bros chose not to accept them.

Why Netflix Might Want Warner Bros

Netflix believes that owning a large content library could boost its subscriber base. The studio holds rights to the Wizarding World of Harry Potter, the DC Universe, the Lord of the Rings series, Game of Thrones, the Godzilla and King Kong Monsterverse, and classic Looney Tunes cartoons. Adding these assets could give Netflix more exclusive titles.

In addition, a Warner Bros purchase could help Netflix compete with other streaming services that already own big studios. The move could also allow Netflix to produce more original movies and shows with the backing of a historic film brand.

Netflix Leadership Responds to Rumors

Netflix co CEOs have spoken publicly about the speculation. Greg Peters told a webcast that success comes from building capabilities day by day, not by buying another company. Ted Sarandos added that Netflix has no interest in owning legacy media networks. Their comments suggest that Netflix is still weighing the idea.

Despite these statements, the fact that Netflix hired a financial advisor shows that the company is seriously exploring the option. A source close to the situation said Netflix is “looking into” the possibility of a Warner Bros purchase.

What This Could Mean for the Industry

If Netflix were to buy Warner Bros, the entertainment landscape could shift dramatically. The merger would bring together a leading streaming platform and a classic film studio. This could create new opportunities for cross‑platform storytelling and larger budgets for original productions.

Other companies are also watching the situation. Paramount and Skydance may try to improve their offers, while traditional networks could seek new partnerships. The competition for Warner Bros assets is likely to intensify.

Recent Moves by Netflix

Netflix has already expanded beyond video streaming. The company recently partnered with Spotify to bring video podcasts to its platform. This shows Netflix is looking for ways to grow its content library and reach new audiences.

Overall, the Netflix Warner Bros bid represents a bold step that could reshape Hollywood. Whether the deal will happen remains uncertain, but the conversation is already changing how the industry thinks about ownership and content creation.

Source: JoBlo