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Netflix abandoned a $72B bid for Warner Bros.' library and will focus on internal development and studio partnerships to build original franchises. Despite hits like "Stranger Things" and "Squid Game," costly misfires and a $700M Roald Dahl deal that flopped are tempering optimism as revenue growth slows to 13%.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Netflix is continuing to invest in original franchises after abandoning a $72 billion
00:06bid for Warner Brothers Library, according to Reuters. Executives said the company will
00:11pursue long-lasting series and films through internal development and studio partnerships.
00:15The failed deal highlighted a gap between Netflix's catalog and legacy studios with
00:20decades of intellectual property. Netflix cited successes like Stranger Things, Bridgerton,
00:24and Squid Game, while acknowledging costly misfires including The Electric State and a
00:28$700 million Roald Dahl rights deal that has not produced a major hit. Engagement rose
00:332% in the second half of 2025, while revenue growth is expected to slow to 13% this year
00:38from 16% in 2025. For all things money, visit Benzinga.com.
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