A new report reveals that Netflix considered acquiring Electronic Arts, Disney, and Fox, but none of those deals came to fruition.
Netflix is the new big dog in town, ever since it announced that the company would acquire Warner Bros. for $82.7 billion in 2026, likely giving it access to studios like NetherRealm, Rocksteady, TT Games, and Avalanche. New details reveal they have considered buying other major companies, including EA and Disney.
Netflix ‘Debated Pursuing’ EA, Disney, and Fox
A new Bloomberg report about Netflix CEO wooing Trump ahead of Warner Bros.’ bid says the company considered acquisitions of EA, Disney, and Fox. It first talks about how Netflix is an “unlikely bidder”, as co-founder and chairman, Reed Hastings, avoids major deals to build things “from scratch”. The company’s management “debated pursuing just about every major asset put up for sale, including Electronic Arts Inc. and Fox.” They also considered acquiring Disney at one point.
However, the “executives could never coalesce behind a deal.” Additionally, the execs didn’t want to “hurt their stock price by overpaying for an asset that traded at a much lower multiple.” Netflix’s co-CEO Greg Peters also stated, ahead of the acquisition of Warner Bros., that “One should have a reasonable amount of skepticism around big media mergers, they don’t have an amazing track record,” which led people to think Netflix was not interested in the deal.
In other news, here is every studio that was affected by the Warner Bros & Netflix merger. Additionally, Paramount has made a hostile offer to acquire Warner Bros. What are your thoughts on Netflix considering buying EA and Disney? Leave your thoughts down in the comments, and join the official Insider Gaming Discord server.
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