Warner Bros’ TV decline puts pressure on Netflix deal
Yahoo Finance·2026-02-26 12:05

By Dawn Chmielewski Feb 26 (Reuters) - Warner Bros Discovery heaped an additional burden on Netflix's $82.7 billion bid for the movie studio and HBO. The entertainment company behind the buzzy series "Heated Rivalry" and the film "Wuthering Heights" reported fourth-quarter earnings Thursday that showed profit at ‌its cable channels is deteriorating at a fast pace. The networks, which include CNN, the Discovery Network and TNT, are not part ‌of Netflix’s deal. But their worth as a separately traded comp ...