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Why Netflix and Paramount Are Trying to Buy the Warner Bros. Empire

Netflix is looking to expand its content library, while Paramount has proposed acquiring the entire Warner Bros. business.
Why Netflix and Paramount Are Trying to Buy the Warner Bros. Empire
The Gate 2 entrance to Warner Bros. Studios in Burbank, Calif., in this file photo. Robyn Beck/AFP via Getty Images
Andrew Moran
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Warner Bros. Discovery said on Feb. 17 that it will resume negotiations with Paramount Skydance after securing a seven-day waiver from Netflix, providing both sides time to resolve what the entertainment empire called “deficiencies” in Paramount’s bid for the iconic film and TV studio.

Negotiations have been intense for the past two months.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."