Keep in mind that Netflix already had close to $14.5 billion of long-term debt of its own at the end of its most recent quarter. The company stated that it still intends to maintain an investment-grade credit rating by implementing a rapid debt reduction plan once the deal is closed.Netflix is making a significant financial investment to secure this landmark deal. At the end of the third quarter, the company had approximately $9.3 billion in cash and equivalents, as well as an additional $3.6 billion in oth ...

NEW YORK, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: Confluent, Inc. (NASDAQ: CFLT)’s sale to IBM for $31.00 per share. If you are a Confluent shareholder, click here to learn more about your rights and options. Warner Bros. Discovery, Inc.’s (NASDAQ: WBD)’s sale of Warner Bros., including its film and televisi ...

智通财经APP获悉，周三，华纳兄弟探索(WBD.US)涨近4%，创历史新高，9月以来大涨150%。消息面 上，12月5日，华纳兄弟探索宣布，全球领先的流媒体平台奈飞(NFLX.US)已同意以827亿美元(含债务) 的价格收购其流媒体和制片厂资产。三天后，派拉蒙天舞(PSKY.US)对华纳兄弟发起敌意收购，收购要 约对华纳兄弟的估值高达1084亿美元。不管谁成功，交易均需获得监管部门的批准。 ...

每经AI快讯，12月10日，华纳兄弟探索公司美股涨幅扩大至逾4%。 ...

本文源自：金融界AI电报 华纳兄弟探索公司(WBD.O)上涨3.3%，此前三个交易日累计涨幅超过15%。 ...

Upgrades - Goldman Sachs upgraded Viking Holdings (VIK) to Buy from Neutral with a price target of $78, increased from $66, citing the company's differentiated geographic exposure and higher-income demographic offsetting broader cruise trends [1] - RBC Capital upgraded RPM (RPM) to Outperform from Sector Perform with a price target of $132, up from $121, believing the shares have hit a bottom [2] - RBC Capital also upgraded Colgate-Palmolive (CL) to Outperform from Sector Perform with an unchanged price target of $88, noting that estimates and expectations are appropriately low despite a difficult environment in 2026 [2] - Wolfe Research upgraded Eaton (ETN) to Outperform from Peer Perform with a price target of $413, expecting benefits from the company's electrical backlog conversion and easing cyclical tailwinds in 2026 [2] - Rosenblatt upgraded Synopsys (SNPS) to Buy from Neutral with a price target of $560, down from $605, anticipating an in-line quarter following a Q3 miss and guidance cut [3] Downgrades - Seaport Research downgraded Warner Bros. Discovery (WBD) to Neutral from Buy without a price target, following news of a new hostile offer from Paramount Skydance at $30 per share [4] - Goldman Sachs downgraded Norwegian Cruise Line (NCLH) to Neutral from Buy with a price target of $21, down from $23, due to a less favorable risk/reward setup for 2026 in the Caribbean market [4] - RBC Capital downgraded Confluent (CFLT) to Sector Perform from Outperform with a price target of $31, up from $30, after the company agreed to be acquired by IBM for $31 per share in cash [4] - Compass Point double downgraded SLM (SLM) to Sell from Buy with a price target of $23, down from $35, after the company presented an updated medium-term outlook reflecting expected growth from the Grad PLUS opportunity [4] - Wolfe Research downgraded Vertiv (VRT) to Peer Perform from Outperform without a price target, citing valuation concerns as shares have increased 14 times since the December 2022 upgrade [4]

Core Viewpoint - A significant takeover in the entertainment industry is unfolding, with Netflix and Paramount competing for Warner Bros Discovery (WBD), which has led to a bidding war that could reshape the media landscape [1][2]. Group 1: Bids and Offers - Netflix has proposed a $72 billion deal for WBD's film and TV studios, which includes rights to major franchises like Harry Potter and Game of Thrones [6]. - Paramount has countered with a $108.4 billion bid, which is characterized as a hostile offer directly to WBD's shareholders, proposing $30 per share compared to Netflix's $27.75 [9][10]. - The bids come amid WBD's plans to split into two companies, with the first division focusing on film and TV, while the second will handle legacy TV channels [4][5]. Group 2: Strategic Context - WBD's decision to explore a sale follows its struggles with an estimated $35 billion in debt and the challenges posed by the rise of streaming services [5]. - The split into two companies is intended to provide sharper focus and strategic flexibility to compete in the evolving media landscape [5]. Group 3: Political and Regulatory Concerns - The U.S. government, particularly the Department of Justice's Antitrust Division, is expected to scrutinize the deal due to concerns over potential monopolization in the streaming market [12][13]. - Politicians from both parties have expressed worries that a merger could lead to higher subscription prices and fewer choices for consumers [14][15]. Group 4: Next Steps - WBD must inform shareholders by December 22 whether Paramount's offer is superior, allowing Netflix the chance to match or exceed it [24]. - A termination fee of $2.8 billion would be payable to Netflix if WBD opts to pursue Paramount's offer [24].

Core Viewpoint - Paramount Skydance's hostile takeover bid for Warner Bros. Discovery has created significant management uncertainty for CNN and its associated cable networks, potentially leading to a prolonged period of instability [1][2][11]. Group 1: Management and Ownership Changes - CNN experienced a brief sense of relief when Netflix announced it would acquire Warner's studio and streaming businesses, as CNN would not be included in that deal [2]. - The announcement of Paramount's bid has reintroduced uncertainty, with the potential for a merger between CNN and CBS News if the bid is successful [2][9]. - CNN's management has acknowledged the ongoing uncertainty, with CEO Mark Thompson indicating that the transformation of CNN remains a priority despite the challenges [7]. Group 2: Market Position and Performance - CNN's television ratings have significantly declined, positioning it as the third-rated cable news network behind Fox News Channel and MSNBC [6]. - The growth of streaming services has rendered traditional cable networks less attractive, prompting Warner Bros. Discovery to consider spinning off its cable television networks, including CNN [5]. Group 3: Regulatory and Future Outlook - The regulatory landscape is expected to delay any resolution regarding CNN's ownership, with experts predicting that the Netflix deal could face over a year of regulatory hurdles [11]. - Regardless of which bidder ultimately acquires CNN, the network is anticipated to remain in a state of limbo for the foreseeable future [12].

The CNBC app, global market news in one place. Customizable sections and personalized alerts. Stocks tracking, interactive charts, and market insights, all in your hands.Stay connected, stay informed. Download the CNBC app today. >> Good morning and welcome to Squatbox Europe.I'm Juliana Tatlebomb with Carolyn Roth and these are your headlines. The countdown is on. Markets fully price in a 25 basis point cut at today's Federal Reserve meeting.While deep divisions within the central bank put investors on edg ...

With Netflix and Paramount practically wrestling over who gets to paint their logo on Warner Bros’ water tower, shareholders are getting the best action sequence of all.Warner Bros (NASDAQ:WBD) has been in the spotlight after Netflix announced on December 5 that it would acquire the company for $72 million in equity value. What followed has brought even more drama to the story. First came reports that the Justice Department might intervene in the transaction. Then Paramount entered the scene with a hostile ...