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. ...

🚨What we know about the new Netflix Warner Bros. merger:The companies agreed after Warner Bros. split its studios and HBO Max streaming business from its cable networks.This deal would reshape the entertainment industry. ...

Morning Brief anchor Julie Hyman breaks down the latest market news for December 5, 2025. Netflix announced it is buying Warner Bros. Discovery's studios and streaming unit in a deal valued at nearly $83 billion. Citi media and entertainment senior analyst Jason Bazinet shares his take on the deal. Meanwhile, more top executives are leaving Apple. Yahoo Finance Tech Editor Dan Howley helps make sense of the latest departures. #youtube #stocks #Netflix #WarnerBros #Apple About Yahoo Finance: Yahoo Finance pr ...

Core Viewpoint - The acquisition of Warner Brothers by Netflix, valued at $72 billion, is aimed at enhancing Netflix's long-term content strategy and market position, emphasizing the need for continuous innovation and investment in significant stories for audiences [1][2]. Financial Aspects - The deal has an equity value of $72 billion, with approximately 85% of the consideration being cash and the remainder in stock [4]. - Netflix's willingness to pay a significant premium for Warner Brothers, especially given the previous low stock price of the company, indicates a strong belief in the value of the acquisition [3][4]. - The transaction is expected to leverage Netflix's financial position, with a debt level projected to exceed four times EBITDA due to the cash portion of the deal [10]. Competitive Landscape - The merger positions Netflix as a potential leader in content creation, with Warner Brothers' extensive library enhancing its competitive edge [2]. - Paramount's bid of $30 per share in cash for its entire company highlights the competitive dynamics in the media industry, with Netflix's offer being more focused on specific assets [6][22]. Regulatory Considerations - There are significant concerns regarding potential antitrust scrutiny, especially given the merger of two major players in the streaming market [11][14]. - The regulatory process could take up to two years, raising questions about the future of the deal and its implications for Netflix's business model [14][21]. Market Reactions - Following the announcement, Netflix's stock has faced downward pressure, reflecting investor concerns about the strategic and financial risks associated with the acquisition [22]. - Conversely, Paramount's shares have also declined, indicating market perceptions of its diminished competitive position following the loss of the bidding war [22]. Strategic Implications - The acquisition reflects Netflix's aggressive strategy to secure valuable content and maintain its market leadership, despite the risks involved [24][25]. - The deal's success will depend on navigating regulatory challenges and maintaining shareholder confidence in Netflix's long-term growth prospects [21][25].

Netflix to acquire Warner Bros. in a disruptive deal valued at $82.7B https://t.co/CKUS81T7CB ...

Core Viewpoint - Netflix is confident that its acquisition of Warner Bros. Discovery's studio and streaming business will succeed, unlike previous media mega-mergers that have failed due to a lack of understanding of the entertainment industry [1][2] Group 1: Acquisition Details - Netflix announced its largest acquisition in history, acquiring Warner Bros. for an equity value of $72 billion [2] - The deal is considered one of the largest ever in the entertainment sector [2] Group 2: Company Positioning - Netflix co-CEO Greg Peters emphasized that the company is not pursuing this acquisition as a lifeline, indicating a healthy business status [2] - Peters noted that previous merger failures, such as AT&T's acquisition of Time Warner and the AOL-Time Warner merger, were due to a misunderstanding of the entertainment industry [2]

Netflix Co-CEOs Ted Sarandos and Greg Peters sought to reassure investors that their game-changing deal with Warner Bros. Discovery won’t become another media business fiasco. “A lot of those failures that we’ve seen historically is because the company that was doing the acquisition didn’t understand the entertainment business,” Peters said on a conference call with Wall Street analysts Friday. “They didn’t really understand what they were buying. We understand these assets that we’re buying, the things th ...

Core Viewpoint - Warner Bros. Discovery is in exclusive talks with Netflix for the sale of its studio and TV businesses, with a deal valued at $82.7 billion following a competitive bidding process [1]. Group 1: Deal Structure - The cash and stock deal is valued at $27.75 per share of Warner Bros. Discovery, with the transaction expected to close after the spin-off of its TV network business into a separate public company, Discovery Global [2]. - Upon completion, each Warner Bros. Discovery shareholder will receive $23.25 in cash and $4.501 worth of Netflix shares [2]. Group 2: Competitive Bidding - Paramount Skydance offered $27 per share for the entire Warner Bros. Discovery business, which includes cable channels like CNN and TNT [3]. - Comcast made a bid specifically for Warner Bros. Discovery's studio and streaming businesses [3]. Group 3: Regulatory Considerations - The deal is subject to regulatory approvals and is anticipated to be finalized in the third quarter of 2026 [2]. - Netflix has reportedly offered a $5 billion breakup fee if regulators do not approve the deal [3].

Core Insights - Netflix is set to significantly expand and transform its operations following the acquisition of Warner Bros. Discovery's studio and streaming businesses [1] Company Impact - The acquisition will enhance Netflix's content library and production capabilities, positioning it as a more formidable player in the streaming industry [1] - This strategic move is expected to increase Netflix's market share and competitive edge against other streaming platforms [1] Industry Implications - The deal reflects ongoing consolidation trends within the media and entertainment industry, as companies seek to bolster their content offerings and subscriber bases [1] - The acquisition may lead to shifts in consumer preferences and viewing habits as Netflix integrates Warner Bros. Discovery's assets [1]

Netflix has lined up $59 billion of financing from Wall Street banks to help support its planned acquisition of Warner Bros. Discovery, which would make it one of the largest ever loans of its kind https://t.co/RqoetmsxIF ...