Netflix Explores Bid for Warner Bros Discovery Studio

News reports indicate that Netflix ($NFLX) is actively exploring an acquisition of Warner Bros Discovery's ($WBD) studio and streaming business. This potential M&A event could significantly impact both companies. For Netflix, it means gaining control over major franchises (Harry Potter, DC Comics) and boosting its content library. For Warner Bros Discovery, it could lead to a strategic sale of its studio assets. This creates a speculative opportunity in both stocks, as acquisition rumors often drive price movements.