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Burbank Today
By the People, for the People
Warner Bros. Discovery Staffers Favor Netflix Takeover Over Paramount
Most employees believe Netflix acquisition would be better for the company's legacy and workforce.
Published on Feb. 26, 2026
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According to sources, the mood among Warner Bros. Discovery employees has shifted in favor of Netflix acquiring the company's studios and HBO Max, rather than being subsumed by Paramount Skydance. While some skepticism remains, the majority of the Burbank-based workforce now believes a Netflix takeover would be preferable to being acquired by Paramount.
Why it matters
The Warner Bros. brand and legacy are highly valued by employees, who are concerned about how a Paramount acquisition could impact the company's identity and operations. A Netflix deal is seen as potentially less disruptive to Warner Bros.' existing business and culture.
The details
Over the past several months, Warner Bros. Discovery employees have had time to consider the implications of an acquisition by either Netflix or Paramount. The consensus has largely shifted in favor of Netflix, which is viewed as a better fit that would preserve more of Warner Bros.' legacy. However, pockets of skepticism remain about how Netflix ownership would ultimately affect the company.
- The debate over a Paramount vs. Netflix acquisition has been ongoing for several months.
The players
Warner Bros. Discovery
The media and entertainment conglomerate formed by the merger of Discovery Inc. and the former WarnerMedia assets of AT&T.
Netflix
The leading global streaming entertainment service, which is reportedly in talks to acquire Warner Bros.' studios and HBO Max.
Paramount Skydance
The media company owned by David Ellison, which is also vying to acquire Warner Bros. Discovery in its entirety.
What’s next
The sale process for Warner Bros. Discovery is ongoing, with both Netflix and Paramount Skydance competing to acquire the company.
The takeaway
Warner Bros. Discovery employees are concerned about preserving the company's legacy and culture, and believe a Netflix acquisition would be less disruptive than a Paramount takeover. The internal debate over the two potential buyers has largely been resolved in favor of Netflix.
