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DOJ probes whether Netflix is a monopoly as it weighs Warner Bros. Deal: report
New York Post· 2026-02-06 22:01
Core Viewpoint - The Justice Department is investigating Netflix for potential anticompetitive practices related to its proposed acquisition of Warner Bros. Discovery, which may indicate broader scrutiny of Netflix's business model [1][9]. Group 1: Investigation Details - The DOJ has issued a civil subpoena to another unnamed entertainment firm, seeking information on any exclusionary conduct by Netflix that could entrench its market power [2]. - The investigation may provide the DOJ with a legal basis to challenge the Warner Bros. deal if evidence of monopolistic behavior is found, although the investigation is expected to take a considerable amount of time [5][6]. Group 2: Proposed Deals - Netflix has agreed to acquire Warner Bros. Discovery's studio and streaming business for $72 billion, paying $27.75 per share, which could create a significant player in the entertainment industry [3]. - Paramount has made a $77.9 billion hostile bid for the entire Warner Bros. Discovery company, arguing that its offer provides better value compared to Netflix's proposal [3][4]. Group 3: Market Impact - Concerns regarding the investigation have negatively impacted Netflix's stock price, which has decreased by over $160 billion in market value in the past six months [10]. - If the merger between Netflix and Warner Bros. Discovery proceeds, the combined entity would control approximately 30% of the U.S. subscription service market, raising antitrust concerns [11]. Group 4: Company Responses - Netflix's legal representatives assert that the DOJ is conducting a standard review of the merger proposal and have not indicated any separate monopolization investigation [6][8]. - A Netflix spokesperson stated that the company is engaging constructively with the DOJ as part of the standard review process for the acquisition [8].
Roku Could Get Lift From Winter Olympics, Amazon Ads
Investors· 2026-02-06 16:27
Roku Stock Could Get Lift From Winter Olympics, Amazon Ads | Investor's Business DailyMARKET OUTLOOK: [Investing Pro Says 'Optimism Pays' In Today's Economy]---A Wall Street analyst on Friday upgraded Roku (ROKU) stock to buy from neutral ahead of the streaming video platform's fourth-quarter earnings report next week. Oppenheimer analyst Jason Helfstein said Roku has a host of positive catalysts ahead. And after its recent swoon, Roku stock has an "attractive valuation," he said in a client note. With his ...
Is Netflix a Buy?
Yahoo Finance· 2026-02-05 18:50
Investors are forcing a sell-off of Netflix (NASDAQ: NFLX) shares, which are 38% below their 52-week high (as of Feb. 2). The business, historically a monster winner for its shareholders, is in the process of taking over film and TV studios, HBO Max, and the content catalog of Warner Bros. Discovery at an enterprise value of $82.7 billion. This is a lot to digest, and the market clearly has its concerns. Is this top streaming stock a buy right now? Where to invest $1,000 right now? Our analyst team just r ...
Former NBC Cable President Tom Rogers on Netflix-WBD deal scrutiny, Disney leadership changes
Youtube· 2026-02-05 15:18
President Trump telling NBC News he won't get involved in the battle between Netflix uh and Paramount Sky Dance to buy Warner Brothers Discovery. That's a change from the president's stance just a few weeks ago. Joining us now is Tom Rogers.He's the former NBC cable president, a CNBC contributor, and a senior adviser of CNBC's parent company, Verset. I Good morning, Tom. It's good to see you.I want I want to talk about Disney, too, uh after we we get through this. But um I don't know the administration's al ...
Microsoft downgraded, Snap upgraded: Wall Street's top analyst calls
Yahoo Finance· 2026-02-05 15:12
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly.Top 5 Upgrades: B. Riley upgraded Snap (SNAP) to Buy from Neutral with an unchanged price target of $10 following the Q4 report. The firm sees early signs of progress on a number of Snap's key initiatives, including "sustained strong growth" in revenue from premium subscribers and traction of higher margin advertising formats. ...
Trump Steps Back From Hollywood's Biggest Bidding War For Warner Bros-Netflix Media Merger: 'The Justice Department Will Handle' - Netflix (NASDAQ:NFLX)
Benzinga· 2026-02-05 09:32
President Donald Trump signaled a major shift in his administration’s approach to the media landscape on Wednesday, announcing he will not personally intervene in the blockbuster $82.7 billion merger between Netflix Inc. (NASDAQ:NFLX) and Warner Bros. Discovery Inc. (NASDAQ:WBD) .Reversal Of Influence“I haven't been involved,” Trump told Llamas from the White House. “I must say, I guess I'm considered to be a very strong president. I've been called by both sides… but I've decided I shouldn't be involved. Th ...
AMD Forecast Fails to Impress Investors | Bloomberg Tech 2/4/2026
Youtube· 2026-02-04 21:32
>> "BLOOMBERG TECH" IS LIVE FROM COAST TO COAST, WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECH." COMING UP, A. M. D. SHARES SINK AFTER A SALES FORECAST THAT UNDERWHELMED INVESTORS. THE CHIPMAKER PERHAPS NOT MAKING THE A. ED: A. M. D. IS UGLY. RIGHT NOW THE STOCK DOWN 15%. IT IS ON TRACK FOR ITS BIGGEST DROP SINCE OCTOBER OF 2018. I. INROAD SOME ON WALL STREET HOPED FOR. CAROLINE: THE SELLOFF CONTINUES ACROSS TECH MARKETS, AS FEARS OF A. I. DISRUPTION TAKE HOLD FO ...
What Disney's new CEO pick tells us about the future of media
Business Insider· 2026-02-04 15:33
In February 2020, Disney announced that it had picked a successor to CEO Bob Iger: Bob Chapek, who was running the company's parks unit. That didn't work out.Six years later, Disney is running it back. This time, it has picked parks boss Josh D'Amaro to replace Iger, who swears he's really leaving Disney for good this time. The most obvious thing to say about D'Amaro's selection is that the parks business he oversees is Disney's most important business — a reliable profit and growth driver.But a counterpo ...
Fox(FOX) - 2026 Q2 - Earnings Call Transcript
2026-02-04 14:32
Fox (NasdaqGS:FOX) Q2 2026 Earnings call February 04, 2026 08:30 AM ET Company ParticipantsGabrielle Brown - Head of Investor RelationsJessica Reif Ehrlich - Managing DirectorLachlan Murdoch - Executive Chair and CEORobert Fishman - CFASteve Tomsic - CFOThomas Yeh - Equity ResearchNone - Company RepresentativeConference Call ParticipantsJohn Hodulik - AnalystMichael Morris - Senior Managing Director and Senior Equity Research AnalystMichael Ng - AnalystOperatorAs a reminder, this conference is being recorde ...
Fox(FOX) - 2026 Q2 - Earnings Call Transcript
2026-02-04 14:32
Fox (NasdaqGS:FOX) Q2 2026 Earnings call February 04, 2026 08:30 AM ET Company ParticipantsGabrielle Brown - Head of Investor RelationsJessica Reif Ehrlich - Managing DirectorLachlan Murdoch - Executive Chair and CEORobert Fishman - CFASteve Tomsic - CFOThomas Yeh - Equity ResearchNone - Company RepresentativeConference Call ParticipantsJohn Hodulik - AnalystMichael Morris - Senior Managing Director and Senior Equity Research AnalystMichael Ng - AnalystOperatorAs a reminder, this conference is being recorde ...