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Wall Street Surprised by Netflix Deal to Buy Warner Bros. Discovery
Youtubeยท 2025-12-05 15:45
Well, I would just start and say that um I'm very surprised uh that Netflix won this. We'd been operating under the assumption that there are three subscale apps uh in the market uh Paramount, Max, and Peacock. Uh and so we always put a higher probability that those would be the ultimate winner of this Warner Brothers asset because it would allow them to take on Netflix.Here we're confronted with a situation uh where where the biggest app, the most successful app is actually, you know, trying to get bigger. ...