What Comes Next After Netflix Walked Away From Warner?

Netflix (NASDAQ: NFLX) surprised many investors after it walked away from its proposed acquisition of Warner Bros. Discovery's studio and streaming business, ending what could have been one of the biggest deals in entertainment history. On paper, the opportunity looked compelling. Warner would have added HBO, major film and TV franchises, and a deep content library to Netflix's platform. But instead of chasing scale, Netflix chose to remain disciplined in its capital allocation. Will AI create the world's ...