Apple Going All In On Streaming, Entertainment? Tech Giant Named As Potential Warner Bros. Suitor

Benzinga

Apple is among potential bidders for Warner Bros. Discovery, exploring a major streaming expansion alongside its new Formula 1 deal. Rivals like Amazon and Netflix are also in the mix after a $24-per-share offer was rejected.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Apple emerging as one of the several interesting parties of the potential Warner Bros. Discovery sale.

00:07According to Bloomberg, Apple secured U.S. rights to Formula One races starting in 2026

00:11and has expanded its live sports lineup with Major League Baseball, Major League Soccer, and other popular content.

00:17Their company's names include Amazon, Comcast, Netflix, and Paramount Skydance,

00:21which already submitted a $24 per share offer, projected as too low.

00:25It's unclear whether Apple aims to acquire all of Warner Bros. Discovery

00:28or select assets like its film library or HBO Max.

00:32Any deal would be among its largest several.

00:34Apple has the lowest HBO Max subscriber overlap at 21.1%,

00:38and its recent rebrand, PriceSync, and Formula One deal indicate a push to expand its streaming audience.

00:44Warner Bros. Discovery shares closed Thursday up 3.51% at $21.25,

00:49hitting a 52-week high at $21.56.

00:52For all things money, visit Benzinga.com.

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