Netflix and Warner Bros. deal is far from a sure thing
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Warner Bros. Discovery on Tuesday said it is open to a sale after receiving “unsolicited interest” from multiple parties — sending the media giant’s stock up more than 9% in early trading. “While Warner Bros. Discovery continues to advance its ...
If the deal goes through with intervention from the US Government, it would give Netflix access to the vast library of Warner Bros. Discovery content, including the Harry Potter and DC Comics franchises. HBO Max and all of the HBO shows are included in the package.
The second round of offers for all or part of Warner Bros. Discovery are in from Paramount Skydance, Netflix and Comcast. And the new, higher offer for all of WBD from David Ellison's Paramount is backed in part by the sovereign wealth funds of Saudi Arabia,