Netflix Seeks Franchises After Losing Bid

Following its unsuccessful attempt to acquire Warner Bros. Discovery's intellectual property, Netflix is now focusing on developing its own original franchises. The streaming giant plans to continue investing in unique ideas and building culturally significant properties from the ground up. Chief Creative Officer Bela Bajaria emphasized the company's commitment to nurturing original content. This strategic shift indicates Netflix's determination to create enduring entertainment brands independently, rather than relying on acquisitions.