Netflix is ​​reportedly considering a bid for Warner Bros. Discovery

Another rumor suggests that Netflix is ​​interested in purchasing Warner Bros. Studios. Discovery and streaming businesses. Friday, Reuters I mentioned Netflix is ​​“actively exploring” a bid for the company and has appointed a bank to consider a potential bid.

Sources say Reuters Netflix now has access to Warner Bros.’s “data room.” Discovery, which the outlet says “contains the financial details needed to make a bid.” last week, Bloomberg I mentioned That Netflix, Amazon, and Apple are All thinking about purchasing Parts or all of the company. Comcast co-CEO Mike Kavanagh He also left the door open To a potential deal.

When asked about the Warner Bros. move, Discovery to He put himself up for saleNetflix co-CEO Ted Sarandos he said during the earnings call Last week, the streaming giant was “historically” more “builders than buyers.” However, Sarandos added that Netflix is ​​still evaluating M&A opportunities to see if they will add value to the business.

“In general, we think we can be accurate and we will be selective,” Sarandos said. “We have a great business. We focus mostly on organic growth, and investing aggressively and responsibly in growth.” Sarandos added that Netflix “has no interest in owning legacy media networks.” Warner Bros. owns Discovery Old channels like CNN, TNT, and HGTV.