Things are still on the upswing regarding the possible purchase of Warner Bros. Discover, whether company-wide or your film and streaming divisions. Yesterday began a new round of offers in which Netflix made big bets to gain notoriety in a race that began months ago with Paramount Skydance Corporation.
According to reports Bloomberg, Netflix has significantly increased its bid to acquire Warner Bros. Pictures and HBO Maxdivisions in which the red platform is interested, as it does not aim to acquire the entire conglomerate.
HBO Max
HBO Max has one of the largest and best catalogs in the streaming world, and also with competitive prices.
The media does not reveal the exact amount offered by Netflix, but its source indicates that equals “tens of billions of dollars.” Although it was a long Thanksgiving weekend in the United States, Netflix, Comcast and Paramount bankers have been working overtime to ensure that their respective offers arrive this Monday.
As we said a few days ago, the Warner Bros. board of directors. Discovery aspires for this corporate soap opera to end before the end of the year, so that we may be just days or weeks away from knowing the fate that awaits one of Hollywood’s most historic majors.
Warner’s three suitors
There are very different interests and outcomes among the three main candidates running to buy Warner. Paramount Skydance Corporation He jumped into the pool as soon as the merger between Paramount and Skydance was completed.
David Ellison’s company is aiming the highest, as it doesn’t want to buy just part of the holding, but rather all of Warner Bros. Discovery, including cable and other channel divisions.
On the part of Comcast, controller of Universal Imagesthe interest is more in the Warner Bros film studio. Studios and on HBO Max, a streaming service known for its prestigious series.
Netflix is aligned in interests with Comcast, but the red platform raises questions about its intentions regarding Warner Bros. film releases. Netflix executives say they will maintain the studio’s tradition and current agreements, but leave it up in the air what will happen when they expire.
Warner Bros. Discovery has very important franchises such as the lord of the rings, Harry Potter or reboot DC Universe among its most profitable intellectual properties, which is why this bidding war is reaching very high levels in the heart of Hollywood.