Netflix's Warner Bros bid will include theater releases, Bloomberg News reports

(Reuters) -Netflix has informed Warner Bros. Discovery management that it would continue releasing the studio's films in theaters if its acquisition of the company succeeds, Bloomberg News reported on Wednesday.

Warner Bros.' existing theatrical release contracts would be honored, the report said, citing sources familiar with the matter

Reuters could not immediately verify the report.

(Reporting by Devika Nair in Bengaluru; Editing by Sherry Jacob-Phillips)

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Exclusive-Japan eyes tax breaks for non-core business sales in governance reform push, sources say
• Two U.N. peacekeepers killed in ambush on patrol in South Sudan
• Yemen's Houthis say they attacked ship off Saudi Arabia's Yanbu