Netflix Just Took Another Major Step Toward Buying Warner Bros.

Netflix is now considering a bid to buy Warner Bros., according to Reuters. They’ve hired Moelis & Co. to help put together an offer, putting them in competition with Paramount, which is currently seen as the leading contender. This is a shift from Netflix’s previous statements that they weren’t interested in acquiring Warner Bros. Moelis & Co. also recently advised Skydance Media in its merger with Paramount Global, and Paramount is looking to expand its content library. While Netflix hasn’t formally submitted a bid yet, reports suggest one is coming soon.








