Warner Bros. in Exclusive Talks to License Films to Netflix

Warner Bros. Discovery is in exclusive negotiations to license some of its major films to streaming rival Netflix, according to people familiar with the matter. The discussions could result in a deal within days. The potential agreement would allow Netflix to stream a selection of Warner Bros. movies. This marks a significant shift in strategy for Warner Bros., which has previously prioritized its own streaming service, Max. Industry experts see this as a move to generate substantial new revenue. Licensing popular content to a competitor is becoming more common as studios seek to balance the high costs of producing original films. The exclusive talks indicate serious progress, but a final agreement is not yet guaranteed. Representatives for both Warner Bros. Discovery and Netflix have declined to comment.