Netflix has reportedly joined the competitive bidding for Warner Bros. Discovery Inc., alongside Paramount and Comcast. The acquisition target, which includes assets like HBO, CNN, and Warner Bros. studios, is set to finalize bids by Thursday. Netflix's potential acquisition could mark a strategic shift, as the company may reconsider its stance on theatrical releases. This move follows a 4% rise in Netflix's stock last week after a 10-for-1 stock split. Meanwhile, Warner Bros. shares have surged threefold over the past six months, with a final decision anticipated by December 25.