Netflix’s Waning Interest in Warner Bros. Discovery Buyout Sends WBD Stock Slipping

Warner Bros. Discovery's potential acquisition by Netflix appears increasingly unlikely as skepticism grows. Netflix co-CEO Greg Peters openly questioned the viability of media mergers at the Bloomberg Screentime conference, stating such deals lack a strong historical track record. While leaving the door slightly ajar with a commitment to evaluate options, Peters emphasized Netflix's preference for organic growth over acquisitions.

The cooling interest comes as Netflix faces its own challenges with stagnant user engagement metrics. Analysts note that access to Warner's content library could have provided a significant boost, but Netflix seems focused on internal solutions rather than transformative deals. Warner Bros. Discovery shares dipped marginally in Thursday's trading session following Peters' remarks.