Disney CEO Bob Iger raised red flags about the prospect of Netflix acquiring Warner Bros. Discovery’s streaming and studio assets, warning that the deal could hand the streaming giant unhealthy “pricing leverage over the consumer.”Telling CNBC’s “Squawk Box” on Thursday that Disney is yet to take an official stance on the proposed mega-merger, he nevertheless raised concerns.“I think if I were a regulator looking at this combination, I’d look at a few things. First of all, I would look at what the impact is ...

RgStudio / E+ via Getty Images Quick Read Netflix (NFLX) acquired Warner Bros studios and HBO Max for $82.7B at $27.75 per share. The deal adds 100 million HBO Max subscribers to Netflix’s 300 million accounts. Netflix debt will balloon from $14.5B to over $90B while its debt-to-equity ratio jumps from 0.56 to above 2.5. Integration risks are severe as 70% to 90% of mega-mergers fail due to cultural clashes and poor communication. If you’re thinking about retiring or know someone who is, there are ...

Core Insights - Netflix has successfully won the bidding war for Warner Bros, marking a significant strategic acquisition in the media and entertainment industry [1] Company Summary - The acquisition of Warner Bros by Netflix is expected to enhance Netflix's content library and strengthen its competitive position in the streaming market [1] Industry Summary - This acquisition reflects the ongoing consolidation trend within the media and entertainment industry, as companies seek to expand their content offerings and market share [1]