Reports indicate that Netflix is actively investigating a potential bid for Warner Bros. Discovery’s studio and streaming units. The company has reportedly hired a bank to assist in evaluating an offer and has gained access to Warner Bros. Discovery’s financial data to make an informed bid. Other companies like Amazon and Apple are also rumored to be considering acquisition options. Netflix co-CEO Ted Sarandos emphasized that while Netflix generally focuses on organic growth and investment, it remains open to mergers and acquisitions that add value, though it is not interested in owning traditional media networks like CNN or TNT, owned by Warner Bros. Discovery.
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