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Netflix’s Greg Peters Says Warner Bros. Discovery Bid Is Unlikely

The remarks underscore a build‑over‑buy stance that favors product expansion over major media mergers.

Overview

  • Peters told the Bloomberg Screentime conference that Netflix is a builder rather than a buyer and urged skepticism about large media mergers.
  • He characterized the odds of a Warner Bros. Discovery proposal as low while noting the company will always evaluate options.
  • Netflix will bring its games to TV with family party titles such as LEGO Party!, Pictionary: Game Night, Boggle Party and Tetris Time Warp using phones as controllers.
  • On live sports, Peters said Netflix will stay disciplined and is unlikely to pursue the big U.S. rights expected to be up in 2029, despite success with its NFL Christmas games.
  • Reporting indicates Paramount has explored a possible offer for WBD without submitting a bid, with Wall Street caution tied to WBD’s high cost and debt and separate unverified speculation about David Zaslav’s role in stoking bid chatter.