
Paramount Isn’t the Only Studio Looking to Buy Warner Bros.
A new suitor has entered talks to acquire Warner Bros., casting a new hat in the ring for who might end up owning future DC content.
What other studio is looking to buy Warner Bros.?
According to a new report from Puck News, Netflix is one of several companies that has begun weighing a potential bid for Warner Bros. and its assets. The report notes that the rumors of Netflix looking to make a bid gained steam throughout the week, with CEO Ted Sarandos and WB’s David Zaslav even seen together at the Terence Crawford and Canelo Álvarez fight this past weekend.
No details on the exact bid or what it would mean were reported. However, Netflix is just one of several companies that seem to have their eye on WB. Last week, it was reported that Paramount Skydance was looking to buy the company. That bid is said to be backed by the Ellison family, including Skydance Media owner David Ellison and his father Larry Ellison, the co-founder of Oracle Corporation and currently the wealthiest person in the world, with an estimated net worth of $393 billion.
Paramount’s alleged bid for WB would be for the entire company, including cable networks and WB’s movie studio arm. The move comes as a bit of a shock as Warner Bros.’ market cap of $33 billion is more than double that of Paramount Skydance.
No official deals with any company are in place as of now, so we’ll have to wait for some more information on what WB is planning on doing for the time being.
(Source: Puck)
Originally reported by Anthony Nash for SuperHeroHype.
Source: Comingsoon.net