Disney is reportedly planning to buy streaming giant Netflix, which would represent the biggest entertainment merger of all time.
As Tech Crunch reports, the movie conglomerate is looking to compete with AT&T, which recently completed a massive $85b deal to buy Time Warner.
Netflix boasts a larger subscriber base than Amazon, Hulu, and HBO Go, but the service wouldn’t be able to match the content output made available to others from the AT&T deal.
A deal could help Netflix on the way to producing more original content. The service recently announced a plan to make 50% of its content exclusive and original.
Disney had bought up many companies over the last ten years, including Pixar in 2006, Marvel in 2009, and LucasFilm for $4.05 billion in 2012.
Netflix and Disney have worked together in the past, after teaming up for Marvel series The Defenders series.
The two companies also struck a deal back in 2012. Netflix is the exclusive US subscription service for first-run Disney movies – meaning films will be available on the platform during the first pay TV time period, just after the Digital, Blu-ray, and DVD releases.