(Bloomberg/Rob Golum) — Netflix Inc. is actively exploring a bid for Warner Bros. Discovery Inc.’s studio and streaming businesses, Reuters reported, citing people with knowledge of the matter.

The streaming company has hired Moelis & Co. as its financial adviser, the news service said, and has gained access to financial data needed to evaluate whether to make a bid.

Netflix and Moelis didn’t immediately respond to a request for comment by Bloomberg News. Warner Bros. declined to comment.

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Bloomberg News reported earlier that Netflix and Comcast Corp. are weighing bids for parts of the company. Comcast executives discussed their M&A strategy on an earnings call Thursday.

Warner Bros. announced on Oct. 21 that it’s weighing strategic options, including a possible sale o

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