Disney CEO Bob Iger raised red flags about the prospect of Netflix acquiring Warner Bros. Discovery’s streaming and studio assets, warning that the deal could hand the streaming giant unhealthy “pricing leverage over the consumer.”Telling CNBC’s “Squawk Box” on Thursday that Disney is yet to take an official stance on the proposed mega-merger, he nevertheless raised concerns.“I think if I were a regulator looking at this combination, I’d look at a few things. First of all, I would look at what the impact is ...

派拉蒙全球（PARA）对华纳兄弟探索公司（WBD）发起每股30美元的敌意收购要约，高于Netflix （NFLX）此前协议中每股27.75美元的估值，可能重塑媒体行业格局。 责任编辑：张俊 SF065 派拉蒙全球（PARA）对华纳兄弟探索公司（WBD）发起每股30美元的敌意收购要约，高于Netflix （NFLX）此前协议中每股27.75美元的估值，可能重塑媒体行业格局。 责任编辑：张俊 SF065 ...

Netflix says it must acquire Warner Bros Discovery to compete with YouTube, but antitrust experts doubt regulators will buy that argument. The streaming giant's $72 billion takeover of Warner Bros Dis... ...

Last week, Warner Bros. Discovery (WBD) announced plans to sell Warner Bros. Pictures, DC Studios and streaming service HBO Max to Netflix, following a bidding war that also ended with a hostile takeover bid by Paramount. The planned sale would create a mammoth streaming and production giant with intellectual property rights to beloved franchises including Batman and Harry Potter. It’s also sure to draw scrutiny from antitrust enforcers at the Department of Justice (DOJ).Is this a step toward more viewer-fr ...

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].