The Streaming Wars Just Entered a New Phase. Here's What Paramount vs. Netflix Means for Investors

Netflix wants to buy just the Warner Bros. business. This means the $23.25 in cash and $4.50 in Netflix stock paid to WBD shareholders would apply only to the future shares held in the standalone Warner Bros. company. Warner Bros. Discovery shareholders would still get, and be able to keep, their shares in the new Discovery Global, post acquisition.That's not all. The Netflix deal is expected to take between 12 months and 18 months to close. Before then, Warner Bros. Discovery intends to complete its previo ...