Netflix

Netflix May Buy WB Afterall: Streamer Shockingly Moves to Explore Warner Bros Bid After Dismissing Concept

Netflix May Buy WB Afterall: Streamer Shockingly Moves to Explore Warner Bros Bid After Dismissing Concept

Only weeks after Netflix leadership downplayed the idea of buying entertainment giants, the company now appears to be circling Warner Bros Discovery — a move that could represent the biggest power shift in Hollywood since Disney acquired Fox. According to Reuters reporting, Netflix has hired Moelis & Co. and gained access to sensitive financial data, actively exploring whether to make an offer for the famed WB studio and its streaming assets.

Elizabeth Olsen Joins Hollywood Push to Protect Theatrical Releases — Actors are Now Refusing Streaming Only Projects

Elizabeth Olsen Joins Hollywood Push to Protect Theatrical Releases — Actors are Now Refusing Streaming Only Projects

We probably won’t be seeing Elizabeth Olsen in any Netflix-exclusive movies, as the actress recently told InStyle magazine that if a movie isn’t getting a theatrical release, she’ll pass on it.

“If a movie is made independently and only sells to a streamer, then fine. But I don’t want to make something where that’s the end-all,” she said.