Netflix is exploring a potential bid to acquire Warner Bros Discovery\u2019s studio and streaming assets, according to multiple sources familiar with the talks. The streaming giant has hired investment bank Moelis & Co \u2014 the same firm behind Skydance\u2019s successful Paramount deal \u2014 and has been granted access to financial data to evaluate an offer. <\/p>\n
The move could give Netflix control of iconic franchises like Harry Potter<\/a> and DC Comics, plus HBO\u2019s award-winning programming. Warner Bros TV division already produces major Netflix hits including You, Maid and Running Point, News.Az<\/a> reports, citing Reuters<\/a>.<\/p>\n CEO Ted Sarandos recently told investors Netflix is \u201cmore builders than buyers,\u201d but remains open to deals that strengthen its content library. He also ruled out interest in Warner Bros Discovery\u2019s traditional cable networks such as CNN, TNT and Food Network, calling them \u201clegacy media.\u201d<\/p>\n Warner Bros Discovery is reviewing several unsolicited takeover offers while also weighing a potential breakup separating its studios and HBO Max from its TV networks. Comcast has also signaled interest in acquiring media assets, saying regulatory concerns may be overstated.<\/p>\n \u00a0<\/p>\n