As a huge fan of movies and TV, I’ve been following the Warner Bros. acquisition closely, and it’s definitely been a major talking point! It’s being called one of the biggest deals in years, and it’s stirred up a lot of debate. But a new report suggests there’s more to the story – apparently, the company was originally hoping to buy Disney! Picking up Warner Bros. and all its amazing franchises like DC, Lord of the Rings, and Harry Potter now seems like their second choice, which is honestly pretty surprising.
According to Bloomberg, Netflix explored the possibility of acquiring the entire Disney company. This potential deal would have been even larger than the current one making headlines, giving Netflix ownership of the Marvel Cinematic Universe, Star Wars, Disney’s vast collection of classic films spanning a century, properties from 20th Century Studios, and everything else – including Disney+, Disney’s theme parks, and its cruise line.
Why didn’t Netflix try to buy Disney? Apparently, Netflix co-founder Reed Hastings preferred creating new companies rather than acquiring existing ones. Additionally, Netflix leaders couldn’t agree on a deal, fearing it would drive down their stock price by requiring them to pay too much for Disney.
There’s been a lot of discussion about Disney potentially being sold, with some suggesting Apple might be interested in buying it. However, it looks like Disney won’t be acquired by Netflix. While a sale could still happen someday, Netflix is definitely not in the running right now.
Is the Netflix/Warner Bros. Deal Done?
The recent announcement that Netflix is buying Warner Bros. has caused a lot of reaction, from anger to questions about what this means for the movie industry. Netflix even sent an email to its subscribers, welcoming Warner Bros. and promising things will stay the same – for now.
The situation is still fluid. Even though the deal needs congressional approval – which Donald Trump has indicated is probable – a new challenge has emerged. Paramount has made a direct, higher cash offer to Warner Bros. shareholders, attempting to outbid Netflix and acquire Warner Bros. themselves.
Warner Bros. shareholders are expected to decide on the deal by the end of next week. While they consider it, Netflix CEO Ted Sarandos has been actively reassuring people that a merger wouldn’t change how Warner Bros. releases movies in theaters – a shift from Netflix’s typical preference for streaming over theatrical releases.
We’ll have to wait a bit longer to find out which company will be taking over one of Hollywood’s most historic studios, and it likely won’t be clear until the end of the year.
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2025-12-10 17:05