That’s according to a report by Bloomberg, which cited anonymous sources as saying Netflix would honor Warner Bros.’ “contractual agreements” to release movies in theaters. Reps for Wbd and Netflix did not immediately respond to requests for comment Thursday.
Warner Bros. Discovery’s board is in the process of evaluating in-bound acquisition offers, with initial bids due Nov. 20. The media conglomerate said it will consider proposals in which the Warner Bros. entity (HBO Max and studios) is sold separately from Discovery Global, the TV-centric company. The bidders include David Ellison’s Paramount Skydance (which wants to acquire the entire company) and Netflix and Comcast (which are expected to make bids for Warner Bros. without the linear TV networks).
Netflix, for the most part,…