Three technology companies—Netflix, Amazon, and Apple—are reportedly interested in acquiring Warner Bros. Discovery or parts of its operations, such as its content libraries and production assets. This information comes from a report by Bloomberg.
Recently, Warner Bros. Discovery announced it would undertake a “review of strategic alternatives to maximize shareholder value.” This decision follows unsolicited interest from multiple parties, including inquiries about both the entire company and specific divisions. In addition to the aforementioned tech companies, Paramount and Comcast have also expressed interest. As part of this process, Warner Bros. Discovery is preparing nondisclosure agreements for potential buyers to facilitate the sharing of financial data.
The outcome of this review could significantly impact the future of Warner Bros. Discovery as it navigates potential partnerships or acquisitions.
Source: https://www.theverge.com/news/839007/netflix-warner-acquisition