Netflix taps bank to explore bid for Warner Bros Discovery

(Reuters) -Netflix (NFLX) is actively exploring a bid for Warner Bros Discovery's (WBD) studio and streaming business, retaining a financial advisor and gaining access to financial information, according to three sources familiar with the matter. The video streaming service has hired Moelis & Co, the investment bank that advised Skydance (PSKY) Media on its successful bid for Paramount Global, to evaluate a prospective offer, two of the sources said. Netflix also has been granted access to the data room, ...