Netflix in exclusive talks to buy Warner Bros Discovery assets, source says
Netflix is in exclusive talks to buy Warner Bros Discovery’s film and television studios along with its streaming assets after offering $28 per share, a source with direct knowledge of the matter said.
The parent of HBO, which has been exploring strategic options, received a second round of bids this week after Netflix, Paramount Skydance and Comcast made preliminary buyout proposals.
Netflix, which emerged as the top bidder, made a mostly cash offer, Reuters has previously reported.
