When Warner Bros. was acquired by Discovery in a massive $43 billion deal in 2022, some speculated that the sale might be temporary. While Discovery CEO David Zaslav categorically denied these claims at the time, three and a half years later, the possibility of the studio changing hands again has surfaced. According to new rumors circulating in Hollywood circles, Warner Bros. could be sold again in the near future, and this time, Netflix, along with Paramount, are among the buyers.

Will Netflix Acquire Warner Bros.?

Following Skydance’s acquisition of Paramount in recent weeks, reports emerged that the company is also interested in acquiring Warner Bros. This development suggests that Paramount is making a serious acquisition attempt.

However, Paramount isn’t the only company interested in acquiring the studio. According to Puck, Netflix is ​​also preparing an offer for Warner Bros. This information remains unconfirmed, as no official statement has been released from either party. However, Hollywood sources indicate that the negotiations will become more visible in the coming days.

Netflix’s potential move is being considered a strategic move, considering the current competitive landscape and content wars. Warner Bros.’ globally renowned and high-grossing titles, such as the DC Universe, the Harry Potter series, and The Lord of the Rings, represent a significant advantage for a company with a theatrical distribution network.

Netflix’s lack of such extensive theatrical distribution channels could limit the potential revenue it could generate from Warner Bros.’ content. Despite this, Netflix is ​​reportedly raising its stake to avoid losing Warner Bros. to its competitors.

Warner Bros.’s HBO library, classic film archive, and long-standing production presence represent a move that will strengthen Netflix’s position not only in terms of content but also within the industry.