Is it true that Netflix bought Disney?
Netflix is back in the spotlight after announcing the plan to purchase Warner Bros. Discovery. In the plan, Netflix is ready to spend very large funds to acquire all assets and streaming services belonging to the leading entertainment company. However, it turns out, this is not the first plan carried out by Netflix in expanding its business.
Other Entertainment Company Purchase Plan
In addition to trying to acquire Warner Bros., Netflix also had time to show interest in two other major entertainment companies, namely Disney and Electronics Arts (EA). According to a report from Bloomberg released on Monday (12/8/2025), Netflix once considered taking over The Walt Disney Company. Before the 21st Century Fox finally fell into the hands of Disney, the studio was also one of the options to be considered.
Apart from Disney, EA has also become Netflix’s target. This popular game studio is known for several titles such as Need for Speed, FIFA, The Sims, and Battlefield. Despite the takeover plan, the plan did not materialize in the end due to internal conflicts in Netflix and the fear of too much cost if they acquired the companies.
Impact on stock prices and investor confidence
Some of the factors that caused the purchase plan to be canceled were not just a matter of money. According to the report, if Netflix managed to buy Disney and EA, the company’s stock price could be disrupted. This is due to the possibility that Netflix pays more than the actual value of the purchased assets, mainly because the company’s valuation is lower.
In addition, massive acquisitions like this have high risk, especially in terms of investor confidence. If the synergy between Netflix and the acquired company is not achieved, or big targets are not realized, then investors may start to doubt Netflix’s business strategy.
Netflix Starts Entering the Game World
In recent years, Netflix has begun to expand its business into the gaming world. They acquired several small studios and purchased licenses for some large games in mobile format. Examples are Football Manager, WWE, to Red Dead Redemption.
Despite the acquisition of Warner Bros. It has been officially announced, many people think that Netflix will focus on expansion in the game world. However, on the contrary, Netflix chose to expand its film and series library through this acquisition.
Competition with Paramount
Despite the acquisition of Warner Bros. It has been announced, Netflix is still facing fierce competition from Paramount. The company continues to make bigger offers to shareholders and investors Warner Bros. This shows that the acquisition process has not been fully completed and there is still uncertainty around this transaction.
