06:20 AM EDT, 10/09/2025 (MT Newswires) -- Warner Music Group ( WMG ) is in discussions with Netflix ( NFLX ) to produce movies and documentaries based on the label's artists and songs, Bloomberg reported Thursday, citing people familiar with the matter.
Earlier this year, Warner Music ( WMG ) shut down a division that produced films and TV programs to save costs. It now wants to outsource that work, the sources told Bloomberg.
Warner Music ( WMG ) Chief Executive Robert Kyncl reportedly said that the company has a "tremendous catalog" of rights to songs by artists, such as Madonna and Prince.
The companies did not immediately respond to MT Newswires' request for comment on the matter.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)