Subscribers around the world rely on Netflix and various streaming services to not only find new programs to obsess over but also watch beloved shows that have been around for decades. So, every time Netflix picks up a new network, that brings an entirely new plate of shows to their platform, and it gives viewers the chance to not only watch older shows but discover new ones. As 2025 comes to a close, there’s a content shuffle happening in streaming, and one of them involves Netflix bidding to pick up a new network. If successful, this will bring a plethora of new songs to subscribers.
Netflix Bids to Add Popular Network
On Monday, Dec. 1, Reuters released a report stating that Warner Bros Discovery is fielding a second round of bids, including one that’s mostly all cash from Netflix. The bids are coming through “an auction that could conclude in the coming days or weeks,” a source familiar with the matter told Reuters.
The source added that bankers for Paramount Skydance, Comcast and Netflix “worked over the weekend on improved offers for all or part of Warner Bros” and that the “bids are binding, giving the board scope to approve a deal quickly if terms are met, though they have not been described as final.”
The Latest Move in the Warner Bros Discovery Saga
The move is the latest in a dramatic situation to bid for Warner Bros. The entertainment company asked bidders to submit improved offers by Dec. 1 after getting initial buyout bids from Paramount Skydance, Comcast and Netflix that were unsatisfactory. According to Reuters, “Warner Bros Discovery’s board had rejected Paramount’s mostly cash offer of nearly $24 a share for the company, valuing it at $60 billion, and publicly announced it would evaluate strategic options for the studio.”
Warner Bros. Discovery previously said that it plans to make an announcement on its future by Christmas, sources told CNBC. “Warner Bros. Discovery said last month it would explore strategic options for the company after receiving unsolicited takeover offers,” CNBC added in a Nov. 5 report.
“A portion of a Paramount letter dated Oct. 13 specifically details the company’s argument that its latest offer of $23.50 per share ‘delivers superior value’ for WBD shareholders compared with any reasonable plan to break up the company,” CNBC added in their report.
If any of the deals with Warner Bros Discovery go through, it will continue to consolidate the media industry, bringing together its large content library and streaming services with a competitor, whether that’s Paramount, Comcast or Netflix. This could mean big changes for subscribers, including integrating or retiring existing streaming platforms. If the company faces regulatory pushback, they could also split into two separate companies, which was their initial plan.