以下文章来源于棱镜 ，作者温世君 棱镜 . 腾讯新闻出品栏目，《棱镜》聚焦泛财经深度记录。 甲骨文创始人拉里 · 埃里森今年身家 曾 短暂超越埃隆 · 马斯克，一度成为世界首富。 作者 ｜ 温世君 编辑 ｜ 孙春芳 导语：超级富二代"大干"奈飞。 "这笔交易会破坏市场竞争环境！"拨通美国总统的电话后，81岁的甲骨文创始人拉里 · 埃里森——特朗普的长期铁杆盟友，明确表达了对这起并 购的不满。 12月5日，奈飞（Netflix）宣布以827亿美元（5848亿人民币）收购华纳兄弟探索（WBD）旗下核心资产，包括华纳兄弟影视版权及制作业务、 HBO及HBO Max流媒体服务。交易对价含每股27.75美元、合计720亿美元的股票加现金，同时奈飞还将承接华纳兄弟探索约107亿美元债务。 如果一切顺利，这将是近十年来全球规模最大的并购交易。但消息一经披露，便迅速惊动了最高权力中枢。 其实，在奈飞与华纳兄弟探索公布并购方案前，埃里森家族就已经是志在必得的竞逐者。眼看目标即将落入他人之手，除了拉里 · 埃里森向白 宫"陈情"外，更是打算拿出真金白银准备截胡： 12月8日，派拉蒙天空之舞（Paramount Skydance） ...

Key Points Netflix's planned acquisition of Warner Bros. would add a ton of popular content to its catalog. The cash-and-stock deal will require Netflix to add up to $59 billion in debt to its books. AT&T spun off Warner Bros. in 2022, and since the media operation merged with Discovery, its challenges have continued. 10 stocks we like better than Netflix › Netflix (NASDAQ: NFLX) made a surprise announcement this month: It's planning to buy Warner Bros., which is still currently part of Warner Br ...

The streaming giant would be paying $82.7 billion for a troubled media empire.Netflix (NFLX +1.44%) made a surprise announcement this month: It's planning to buy Warner Bros., which is still currently part of Warner Bros. Discovery (WBD 0.14%). If the deal goes through, that company would split up, and Netflix would significantly expand its library, production wing, and streaming business through the acquisition of Warner Bros. (including its TV and movie studios), HBO Max, and HBO. The transaction values t ...

Core Viewpoint - An investigation is underway regarding potential breaches of fiduciary duties by the Board of Directors of Warner Bros. Discovery, Inc. in relation to the proposed sale of the Company or its parts [1][3]. Group 1: Investigation Details - The investigation is being conducted by Berger Montague PC, focusing on whether the Board failed to maximize shareholder value during the sales process [3]. - The inquiry will assess if the Board adequately evaluated acquisition proposals for the Company or its divisions [3]. Group 2: Company Overview - Warner Bros. Discovery, Inc. is a multinational mass-media and entertainment conglomerate, involved in film and TV studios, streaming services, and cable/linear networks [2]. - The Company is headquartered in New York City [2]. Group 3: Law Firm Background - Berger Montague is a prominent law firm specializing in complex civil litigation, class actions, and mass torts, with over $2.4 billion in post-trial judgments in 2025 [4]. - The firm has recovered over $50 billion for its clients over its 55-year history [4].

Group 1: Key Developments in the Industry - Disney announced a $1 billion investment in OpenAI to accelerate the application of artificial intelligence in entertainment content creation and user experience optimization [2] - Microsoft CEO Satya Nadella announced the launch of a new AI model, enhancing intelligent agents, and established partnerships with high-profile companies to accelerate the commercialization of autonomous AI applications [2] - Google is expected to face fines from the EU due to violations related to Google Play, with potential penalties to be announced in Q1 2026, while also opening an AI lab in the UK [2] Group 2: Financial Performance and Corporate Actions - Adobe reported record revenue of $6.19 billion for Q4, with adjusted earnings per share of $5.50, exceeding market expectations, driven by strong performance in digital media and creative software [2] - ZTE is in communication with the U.S. Department of Justice regarding ongoing matters, with timely disclosures to follow based on progress [4] - Nandu Power's controlling shareholder is planning a change in control, leading to a suspension of trading from December 12 [4] Group 3: Market Trends and Challenges - TSMC reported a 6.5% month-over-month revenue decline in November, raising concerns about further declines in December, while announcing a minimum dividend of 24 yuan for the next year [5] - Tesla's U.S. sales fell to a near four-year low in November despite launching lower-priced versions of Model Y and Model 3 [7] - Oracle's Q2 adjusted revenue was $16.06 billion, slightly below analyst expectations, with cloud revenue at $8 billion, also missing forecasts [8] Group 4: Strategic Partnerships and Innovations - Samsung Electronics is adjusting its Galaxy S26 series strategy, postponing production of standard and Plus models to early 2026, while launching a new fast-charging accessory [10] - Toyota announced the use of Wolfspeed's SiC MOSFET devices in its electric vehicle charging systems to enhance efficiency [10] - LG Electronics plans to showcase a localized AI cockpit platform at CES 2026, focusing on smart vehicle interaction technology [10]

Core Viewpoint - Paramount Skydance is considering increasing its takeover offer for Warner Bros. Discovery (WBD) from $30 to as much as $33 per share to counter Netflix's merger agreement [1][2]. Offer Details - The potential raised offer would total nearly $86 billion, which would cover the $2.8 billion breakup fee WBD would incur if it terminates the Netflix merger [2]. - The Ellisons are prepared to add at least $2 more per share as a "sweetener" to attract WBD shareholders [3]. Strategic Timing - Paramount Skydance plans to wait until December 22 for WBD's board to respond to its initial $30-a-share offer, which it argues is superior to Netflix's $30.75 cash-and-stock bid [4]. Competitive Landscape - Netflix is reportedly considering a counter-bid for WBD in response to any moves made by Paramount Skydance [5]. - David Zaslav, CEO of WBD, indicated that an offer of $35 per share could lead to a favorable response from WBD's board [8]. Legal and Regulatory Considerations - The Ellisons argue that their cash offer presents less antitrust risk compared to Netflix's proposal, which involves significant streaming overlap [11]. - Political connections are also at play, with Larry Ellison's ties to President Trump potentially influencing regulatory approval [10][12]. Spin-off Implications - Netflix's plan to spin off WBD's cable assets could result in a new company managed by current WBD executives, which may not provide shareholders with the expected value [15].

Skepticism surrounding Netflix’s proposed acquisition of Warner Bros. Discovery triggered a $40 billion wipeout in the company’s market value in just six sessions. To retail traders, that’s a screaming buy signal https://t.co/3KgiHLJhhP ...

Netflix is looking to add tens of billions of dollars of debt to finance its planned $72 billion acquisition of most of Warner Bros. Discovery. Bloomberg's Emily Graffeo talked about the story on "Bloomberg Markets" with Dani Burger. ...

Trading in Warner Bros. Discovery, Inc. (NASDAQ:WBD) is quiet on Thursday. But that hasn't been the case lately. The shares have soared amid a bidding war for the company. • Warner Bros. Discovery stock is trading at elevated levels. What should traders watch with WBD?But if no more bidders come along, there is a good chance the shares will run into resistance soon. This is why Warner Bros. is the Stock of the Day.Netflix, Inc. (NASDAQ:NFLX) entered a deal last Friday to buy Warner Bros. for $27.75 per shar ...

Core Insights - A consortium of Middle Eastern funds has committed $24 billion to support Paramount Skydance Corp.'s acquisition bid for Warner Bros. Discovery Inc. This involvement may be more extensive when considering their connections to private equity firms backing the bid [1][2]. Group 1: Investment Details - The Saudi Public Investment Fund, Qatar Investment Authority, and Abu Dhabi's L'imad Holding Co. are the primary investors in this hostile offer [2]. - Apollo Global Management Inc. is providing up to $54 billion in financing for the Paramount bid, with Abu Dhabi's Mubadala Investment Co. having a longstanding relationship with Apollo [3]. - The Gulf investors plan to invest through non-voting equity, foregoing governance rights to avoid needing approval from the Committee on Foreign Investment in the US [6]. Group 2: Broader Trends - Middle Eastern sovereign wealth funds collectively invested $82 billion last year, representing over 60% of all sovereign wealth fund investments, as they seek to diversify their economies beyond oil [7]. - The potential acquisition of Warner Bros. would enhance the soft power of Middle Eastern investors, granting them stakes in significant assets like Warner Bros. studios and HBO [8]. Group 3: Strategic Implications - This collaboration marks a rare instance of funds from the UAE, Saudi Arabia, and Qatar joining forces on a single transaction, highlighting either the attractiveness of the deal or the influence of a third party like Affinity Partners [9].