Netflix would be ‘killing three birds with one stone’ by buying Warner Brothers Discovery, BofA says

The global media industry is standing at the precipice of a “historic transformation,” with Warner Bros. Discovery (WBD) positioned directly at the “epicenter” of a significant shift in asset valuation and competitive strategy, according to Bank of America (BofA) Global Research. With WBD the focus of intense consolidation efforts, attracting bids from at least three key players: Paramount Skydance (PSKY), Netflix (NFLX), and Comcast (CMCSA), BofA sees nothing less than “industry realignment” as the result ...