Our columnist examined all mergers worth $10bn or more between the start of 2010 and the end of November 2020 to find out whether companies have indeed been getting less bad at combining https://t.co/z2dVadFcNo ...

The Netflix Inc. plans that clinched the deal for Warner Bros. Discovery Inc. started to shape up around Thanksgiving. A deadline was looming: Warner Bros. had asked bidders, which also included Paramount Skydance Corp. and Comcast Corp., to have their latest proposals and contracts in by the Monday after the holiday, following a round about a week earlier. The suitors were told to put their best foot forward.While most Americans were watching football and feasting on turkey, Netflix executives and advisers ...

Photographer: Ethan Swope/Bloomberg The Netflix Inc. plans that clinched the deal for Warner Bros. Discovery Inc. started to shape up around Thanksgiving. A deadline was looming: Warner Bros. had asked bidders, which also included Paramount Skydance Corp. and Comcast Corp., to have their latest proposals and contracts in by the Monday after the holiday, following a round about a week earlier. The suitors were told to put their best foot forward. Most Read from Bloomberg While most Americans were watchi ...

Core Insights - Netflix has acquired Warner Bros. streaming and studio assets from Warner Bros. Discovery for $82.7 billion, including debt, marking a significant move in the entertainment industry [1][4] - This acquisition positions Netflix as the largest entertainment company globally, with a market cap exceeding $400 billion, enhancing its competitive edge [3] - The deal values Warner Bros. Discovery at $27.25 per share, which is above its recent closing price, but excludes the Global Networks division [5] Financial Details - The acquisition is structured as a combination of cash and stock, valuing the equity at $72 billion [4] - Netflix's stock experienced a nearly 3% decline following the announcement, indicating investor skepticism regarding the deal [4] Strategic Implications - The acquisition is seen as a move to strengthen Netflix's content library, which includes valuable franchises like Harry Potter and DC Comics [8] - Historically, Netflix has avoided large acquisitions, focusing instead on smaller complementary assets, making this deal a notable shift in strategy [8] - The merger will require regulatory approval and is not expected to close until 2027, introducing uncertainty regarding its execution [5][11] Market Context - The media industry has seen several high-profile mergers that resulted in challenges, such as AT&T's acquisition of Time Warner and Disney's acquisition of Fox, raising questions about the potential pitfalls of this deal [6][7] - Despite Netflix's strong business performance, the timing of the acquisition raises questions about its necessity and strategic fit [10]

RT Aakash Gupta (@aakashg0)Everyone thinks this is about Netflix getting HBO and Harry Potter.Netflix is eliminating their last remaining competitive threat.Warner Bros. Discovery is the only scaled content factory left that remains independent. They produce 30+ scripted series annually for external buyers, run the second-largest streaming service by content spend, and control DC, Harry Potter, HBO, and CNN.Paramount buying WBD creates a combined entity with Paramount+, Pluto, and HBO Max that suddenly has ...

Netflix announced on Friday it had reached a deal to buy Although Netflix had publicly downplayed speculation about buying a major Hollywood studio as recently as October, the streaming pioneer threw its hat in the ring when Details of Netflix's plan and the Initially motivated by curiosity about its business, Netflix executives quickly recognized the opportunity presented by Warner Bros, beyond the ability to offer the century-old studio's deep catalog of movies and television shows to Netflix subscrib ...

>> THIS IS "BALANCE OF POWER" LIVE FROM WASHINGTON, D. C. >> FROM BLOOMBERG’S WASHINGTON, D.C. , STUDIO AND TV AND RADIO. THE BEAUTIFUL GAME COMES TO WASHINGTON AND HIGH STAKES DIPLOMACY.PRESIDENT TRUMP TALKING WITH BIG POLITICAL LEADERS WITH KEY ISSUES AT STAKE. K-POP DEMON HUNTERS. MEET GAME OF THRONES AND THE NETFLIX PLAN TO BUY WARNER BROTHERS AND HURDLES ON THE HORIZON, COULD THERE BE A PLOT TWIST.BORN IN THE U.S.A. , WILL THAT GUARANTEE U.S. CITIZENSHIP AND THE SUPREME COURT IS SETTING THE STAGE FOR A ...

Where's your head on this. Do you plan to hold hearings on this deal. Well, I think everybody should just take a deep breath.You know, what we saw under the Biden administration was kind of an immediate knee jerk reaction to say, you know, any time he had two major names and they looked like they were even discussing a merger, that oftentimes there was a a just an onslaught of criticism. And then what what happened is once the regulators and the enforcers kind of took a look at it, it made sense for consume ...

Mergers and Acquisitions - The Biden administration has shown a tendency to react quickly against major mergers, but there is a belief that after regulatory review, some deals may benefit consumers [2][3][4] - There is cautious optimism regarding the potential merger involving streaming services, as it did not see a competitive bid from Paramount against Netflix [3] - The current administration is expected to conduct thorough due diligence on the merger without outright rejecting it [4][6] Consumer Impact - Approximately 60% of Americans express frustration with existing streaming services, indicating a potential market demand for consolidation [5] - Concerns have been raised about the potential for increased consumer prices if the merger proceeds, although projections on price impacts from past mergers have often been inaccurate [9][10] - The discussion around the merger includes the need for provisions to protect consumers from price hikes [7][9] Industry Context - The merger is seen as part of a broader trend in the streaming industry, where combining services could address consumer frustrations [6][8] - The financial implications of the merger, including a significant borrowing figure of $60 billion, are comparable to other mergers in the banking sector, suggesting that such deals are not unprecedented [7][8]

🍿🍿Culture Crave 🍿 (@CultureCrave):Paramount is now reportedly looking to launch a hostile bid for Warner BrosThey feel their $30 a share all-cash offer is higher than what Netflix offered — in terms of cash, stock and the value of the cable business spinoff(via @CGasparino) https://t.co/Vc3Yupvbkf ...