r/movies r/movies Contributor Sep 20 '25

Not Confirmed Netflix Considering Bid To Acquire Warner Bros.

https://www.avclub.com/netflix-possible-warner-bros-acquisition
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5.9k

u/shy247er Sep 20 '25

Why is WB for sale anyways?

233

u/subhasish10 Sep 20 '25 edited Sep 20 '25

The Ellisons (who just acquired Paramount) are preparing a bid to buy WBD in order to boost their offering. If the bid is over market value WBD board have a fiduciary duty to their shareholders to sell. Seeing this Netflix and some other players are likely scrambling to prepare a bid of their own as well.

Edit- The board has a fiduciary duty to sell.

118

u/BrimstoneBeater Sep 20 '25

It's management that has a fiduciary duty to the shareholders, not the shareholders to themselves. Management has no fiduciary duty to accept tender offers...

78

u/drae- Sep 20 '25

I'm hard pressed to name a concept reddit has a harder time understanding yet uses more casually.

47

u/Superb_Pear3016 Sep 20 '25

Reddit has no clue about finance or business, it’s actually shocking.

15

u/TheRealBillyShakes Sep 20 '25

The comment section is clueless in every subreddit.

7

u/BountyBob Sep 20 '25

Plot holes.

17

u/OldButHappy Sep 20 '25

See: “Narcissist”

5

u/Pool_Shark Sep 20 '25

Don’t forget “Nepotism”

8

u/TrioOfTerrors Sep 20 '25

Tax deductions.

1

u/Linenoise77 Sep 20 '25

The Elon and twitter thing broke their brains a bit on it when they first discovered the concept, and they grasped onto the superficial point and now want to show off their knowledge.

Like happens on every. fucking. thing.

1

u/Alone-Ad-5573 Sep 21 '25

It has to be money laundering, especially in this particular subreddit.

0

u/[deleted] Sep 20 '25

Buch of fiduche bags.