Posted on 12/05/125 by Colin Vassallo
Multiple Hollywood and TV insiders are reporting that Netflix
is in pole position to take over Warner Bros. Discovery and
has entered into an exclusive negotiation period after
offering $30 a share price for the takeover.
The bid is only for the Warner Bros. studio, the HBO Max
streaming service, and all the intellectual property including
DC Universe and others such as Friends, Harry Potter, etc.
The deal does not involve any of WBD’s cable networks.
WBD is AEW’s media partner in the United States, with AEW
programming and pay-per-views airing on HBO Max as well as the
majority of the video library. Netflix is WWE’s media partner
worldwide and has rights to Raw in the United States.