Core Viewpoint - Netflix co-CEOs Ted Sarandos and Greg Peters are advocating for the acquisition of Warner Bros. Discovery, addressing concerns about job cuts and the future of theatrical releases amid a rival bid from Paramount Skydance [1][2][3] Acquisition Details - Netflix is pursuing a $72 billion deal that includes HBO, HBO Max, and Warner Bros. Studios, while Paramount has made a hostile bid valuing Warner Bros. Discovery at approximately $78 billion with an all-cash offer of $30 per share [3][4] - The Netflix offer amounts to $27.75 per share, with the argument that Warner Bros. Discovery shareholders will ultimately receive more than $30 per share when the company's cable assets are spun off [6] Industry Impact - The co-CEOs emphasized that the deal is focused on growth, aiming to strengthen one of Hollywood's iconic studios and support jobs in the film and TV production sector [2][3] - Concerns have been raised regarding regulatory approval, particularly since Netflix would own the top two streaming services if the deal goes through [8][10] Competitive Landscape - The CEOs noted that a potential Netflix-Warner Bros. combination would have a smaller view share percentage compared to YouTube or a Paramount-Warner Bros. partnership, indicating a competitive landscape in the streaming market [9] - Senator Elizabeth Warren has criticized both deals, labeling Paramount's offer as a significant antitrust concern and previously describing Netflix's bid as an "anti-monopoly nightmare" [9][10] Historical Significance - If the acquisition is successful, Netflix would gain control of Warner Bros., a studio with a rich history, including classics like "Casablanca" and major franchises such as "Harry Potter" and "Lord of the Rings" [10][11] - Additionally, Netflix would acquire HBO, recognized as a gold standard in television with acclaimed series like "The Sopranos" and "Game of Thrones" [11]

Core Viewpoint - Netflix plans to acquire Warner Bros. Discovery for $82.7 billion, raising concerns about job security, theatrical releases, and diversity in the industry [1] Group 1: Company Responses - Netflix co-CEOs Greg Peters and Ted Sarandos reassured employees about maintaining theatrical releases and stated there would be no studio closures [2] - The executives emphasized that the acquisition is focused on growth and strengthening one of Hollywood's iconic studios, supporting jobs, and ensuring a healthy future for film and TV production [2] Group 2: Industry Opposition - The Writers Guild of America (WGA) has opposed the acquisition, claiming it violates antitrust laws aimed at preventing monopolies [2] - Lawmakers, including Senators Elizabeth Warren, Bernie Sanders, and Richard Blumenthal, expressed concerns about the merger's implications for market power and consumer costs [3][4] Group 3: Market Dynamics - The senators highlighted that the merger could lead to increased television costs for consumers, particularly affecting middle-class families already facing rising prices [4] - Netflix raised its subscription prices in January, which adds to the concerns regarding consumer costs [4] Group 4: Competitive Landscape - Peters and Sarandos referenced Nielsen data indicating that the combined viewership share of Netflix and WBD would be smaller than YouTube's current share and a potential Paramount-WBD merger [6] - Paramount previously made a competing offer of $108.4 billion for WBD, indicating ongoing competition for media dominance [7]

In a memo to employees divulged this morning in an SEC filing, Netflix Co-CEOs Greg Peters and Ted Sarandos call their pending $83B acquisition of Warner Bros. “a win for the entertainment business.” Wall Street, however, isn’t entirely convinced. One new report Monday from MoffettNathanson’s Robert Fishman urges the company not to take the bait if and when Paramount increases its hostile bid. Far better, Fishman argues, for the streaming giant to “bow out of the bidding war, put their heads down, and cont ...

据路透社报道，Netflix 表示将致力于支持华纳兄弟电影在影院上映，并表示这"是他们业务和传承的重要组成部分"。 IT之家 12 月 15 日消息，在华纳兄弟与 Netflix 刚刚达成协议仅过去几天后，派拉蒙天舞公开提出以每股 30 美元（IT之家注：现汇率约合 211.9 元人民币） 现金收购华纳兄弟，比 Netflix 的报价稍微高一些。 对于这一"截胡"操作，Netflix 的 CEO Greg Peters 和 Ted Sarandos 周一在给员工的信中表示，公司决定收购华纳兄弟探索公司的资产的立场没有改变。 "我们过去没有优先考虑影院发行，因为这并不是 Netflix 的业务。当这项交易完成后，我们将进入这一业务，"信中还补充说，派拉蒙天舞的敌意收购"完全 在预料之中"。"我们已经达成了一项稳妥的协议。这对我们的股东、消费者来说都是好事，也是创造和保护行业就业岗位的有效途径。我们有信心最终完成 交易 —— 而且我们对未来充满期待。" 尽管对严峻的监管审查担忧，Netflix 仍确信能够获得批准，并援引与 YouTube 竞争的必要性作为其论据。"即使与华纳兄弟合并，我们在美国的观看份额也 只会 ...

Netflix（NFLX）同意以约826亿美元收购华纳兄弟探索公司（WBD），而派拉蒙则提出竞争性敌意收 购要约，使特拉华州"Revlon义务"及交易审查成为焦点。 责任编辑：张俊 SF065 责任编辑：张俊 SF065 Netflix（NFLX）同意以约826亿美元收购华纳兄弟探索公司（WBD），而派拉蒙则提出竞争性敌意收 购要约，使特拉华州"Revlon义务"及交易审查成为焦点。 ...

2025 年收官在即，并购操盘手们正盯着一笔千亿美元级的悬念交易。 派拉蒙 - 天舞传媒集团对华纳兄弟探索公司发起恶意收购，硬生生从网飞公司手中抢夺目标，这桩交易 浓缩了今年并购大年的几大核心主题：企业对变革性并购的需求重燃、华尔街的巨额资金注入、中东资 本持续涌入，以及美国总统唐纳德・特朗普在其中既扮演 "搅局者"、又充当 "促成者" 的双重角色。 彭博社汇编数据显示，在监管环境趋松的利好下，企业纷纷追逐野心勃勃的并购整合，推动今年全球并 购交易总额同比上涨约 40%，达到4.5 万亿美元。这一规模创下历史第二高纪录，其中超 300 亿美元级 的大额交易数量更是前所未有。 高盛集团美洲区并购业务联席主管本・华莱士表示："如今企业董事会和首席执行官们普遍认为，这是 一个可以大胆布局的潜在数年窗口期。当前降息周期已拉开序幕，市场对流动性进一步宽松充满期 待。" 除了网飞收购华纳兄弟这桩重磅交易，今年的标志性并购案还包括：联合太平洋铁路公司以超 800 亿美 元（含债务）收购竞争对手诺福克南方铁路公司；视频游戏开发商艺电公司创下杠杆收购金额纪录；英 美资源集团收购泰克资源有限公司，重塑全球矿业格局。 美国凯易国际 ...

格雷格·彼得斯和泰德·萨兰多斯表示，他们承诺将在影院上映华纳兄弟探索的电影。此前有担忧认为， 奈飞会采用流媒体优先的模式，萨兰多斯也曾将去电影院观影描述为一种"过时"的体验。这两位联席首 席执行官在员工信中表示："我们过去没有优先考虑影院放映，因为那并非奈飞的业务。当这笔交易完 成后，我们将进入这个业务领域。" 与此同时，外界担忧在已经受到流媒体平台和人工智能崛起影响的媒体行业中，奈飞收购华纳兄弟探索 的这笔巨额交易将导致裁员。对此，格雷格·彼得斯和泰德·萨兰多斯承诺，"不会有业务重叠或工作室关 闭"。他们表示："这笔交易关乎增长。我们正在加强好莱坞最具标志性的工作室之一，支持就业，并确 保电影和电视制作拥有健康的未来。" 12月5日，奈飞宣布以827亿美元的企业价值收购华纳兄弟探索的电影和电视制作部门、HBO Max和 HBO业务。但随后，派拉蒙天舞对华纳兄弟探索发起敌意收购，拟以每股30美元的现金价格收购华纳 所有已发行股份，这意味着华纳兄弟探索的企业价值达到1084亿美元。派拉蒙方面称，与奈飞的方案相 比，此次要约对股东更有吸引力，也更有希望通过监管审查。派拉蒙还表示，其报价"相比奈飞提出的 对价，额外 ...

Netflix's decision to acquire assets from Warner Bros Discovery has not changed and the hostile bid from Paramount Skydance was "entirely expected", its co-CEOs Greg Peters and Ted Sarandos said in a ... ...

本文源自：金融界AI电报 奈飞(NFLX.O)表示，其对华纳兄弟探索公司(WBD.O)交易的立场并未改变。 ...

智通财经APP获悉，交易撮合者们正带着一个价值千亿美元的悬念步入2025年的最后几周。派拉蒙天舞 公司(PSKY.US)从奈飞公司(NFLX.US)眼皮底下抢购华纳兄弟探索公司(WBD.US)的收购要约，概括了定 义这个并购大年的几个主题：对变革性联姻重燃的渴望、来自华尔街的大笔支票、中东资金的涌入，以 及美国总统唐纳德·特朗普作为颠覆者和交易促成者的双重角色。 "这些股市回报确实来自人工智能，而人工智能的支出是不可持续的，"摩根大通全球投行业务主席查理 ·杜普雷表示。"如果这方面出现退潮，那么你会看到一个更广泛的市场实际上并没有在进步。" 人工智能热潮促成了今年一些引人注目的交易。萨姆·奥特曼的OpenAI接受了来自软银集团、英伟达公 司(NVDA.US)和华特迪士尼公司(DIS.US)等的主要投资;由贝莱德旗下全球基础设施合作伙伴牵头的财 团同意支付400亿美元收购Aligned数据中心。三月，谷歌母公司Alphabet将其以320亿美元收购网络安全 初创公司Wiz Inc.的交易描述为在人工智能时代为客户提供新保障的一种方式。 "现在每个人都需要成为人工智能银行家，"摩根士丹利全球科技并购主管Wally ...