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Paramount extends deadline for Warner Bros. offer, which company calls 'inferior scheme' amid Netflix deal
Yahoo Finance· 2026-01-22 21:00
Core Viewpoint - Paramount Skydance has extended its bid deadline to acquire Warner Bros. Discovery, while Warner Bros. continues to recommend shareholders support its merger with Netflix, highlighting ongoing competition in the media industry [1][2][3]. Group 1: Acquisition Bids - Paramount's all-cash offer of $30 per share for Warner Bros. Discovery has been extended to February 20, from the initial expiration date of January 21 [2]. - Netflix has made an amended all-cash offer of $27.75 per share for Warner Bros.' studio and streaming assets, which Warner Bros. prefers over Paramount's bid [2][3]. Group 2: Shareholder Sentiment - Warner Bros. Discovery has urged shareholders to reject Paramount's offer, stating that over 93% of shareholders have already dismissed it in favor of a merger with Netflix [3]. - The company expresses confidence in obtaining regulatory approval for the Netflix merger, emphasizing the value it will provide to shareholders [3]. Group 3: Market Reactions - Netflix's stock has decreased by over 32% in the last six months, while Paramount's stock has seen a decline of approximately 9% [4]. - The announcement of Oscar nominations coincided with the ongoing bidding war, with Warner Bros. receiving a record 30 nominations, compared to Netflix's 18 [4]. Group 4: Analyst Insights - Analysts suggest that Paramount may need to raise its offer to attract Warner Bros. shareholders, as it has a greater need for the acquisition compared to Netflix [5]. - There is an expectation of continued developments in this situation leading up to the new bid deadline, with concerns about Netflix's potential regulatory challenges [6].
Netflix Shares Slide 4% After Company Issues Soft Outlook Amid Warner Bros. Bid
Financial Modeling Prep· 2026-01-21 22:03
Core Viewpoint - Netflix's shares declined over 4% intra-day following weaker-than-expected guidance while pursuing a significant acquisition of Warner Bros. Discovery's studio and streaming assets [1] Financial Performance - For Q4 ended December 31, Netflix reported earnings of $0.56 per diluted share on revenue of $12.05 billion, slightly exceeding analyst expectations of $0.55 per share and $11.97 billion in revenue [2] - The company ended the year with 325 million global paid subscribers, and advertising revenue more than doubled from 2024, reaching over $1.5 billion [2] Future Guidance - For Q1, Netflix forecasts earnings of $0.76 per share on revenue of $12.16 billion, below analyst estimates of $0.81 per share and $12.19 billion in revenue [3] - For the full year 2026, projected revenue is between $50.7 billion and $51.7 billion, compared to forecasts of $51.03 billion, indicating annual revenue growth of 12% to 14%, a slowdown from the 16% growth rate in 2025 [3] Content and Market Dynamics - The company noted a decline in viewing hours for non-branded licensed content due to increased licensing activity in 2023 and 2024, influenced by the 148-day Writers Guild of America strike that affected production [4] - The guidance was released alongside news of Netflix enhancing its $72 billion offer for Warner Bros.' studios and HBO Max streaming business, aiming to strengthen its competitive position against Paramount Skydance [4]
Velshi Banned Book Club: ‘Frankenstein’ by Mary Shelley
MSNBC· 2025-11-29 18:42
Frankenstein or the modern Prometheus by Mary Shel centers on Victor Frankenstein, a scientist whose youth was spent obsessed with alchemy and adulthood was spent obsessed with chemistry, electricity, and biology. After the death of his mother, Victor becomes infatuated with discovering the secret to life. quote, "Learn from me, if not by my precepts, at least by my example, how dangerous is the acquirement of knowledge, and how much happier that man is, who believes his native town to be the world, than he ...
X @The Wall Street Journal
The Wall Street Journal· 2025-11-07 07:25
Review: Guillermo del Toro, Oscar-winning director of all things macabre, adapts Mary Shelley’s classic "Frankenstein" in a Netflix film starring Oscar Isaac and Jacob Elordi https://t.co/hJZJOzSLtz ...
X @The Economist
The Economist· 2025-10-26 18:00
Both morally and physically, Guillermo del Toro’s creature is much less hideous than Mary Shelley’s ghastly original. The new “Frankenstein” offers a body-conscious monster for the age of social media https://t.co/CAR3RJEQkOPhoto: Ken Woroner/Netflix https://t.co/Xp7lOcnCye ...
X @The Wall Street Journal
The Wall Street Journal· 2025-10-24 19:29
In Guillermo del Toro’s new adaptation of "Frankenstein," the city of Edinburgh plays a key role. As this macabre tour reveals, its crooked surgeons and sinister grave-robbers may have inspired the original tale, too. https://t.co/ButQUCZffl ...
X @The Economist
The Economist· 2025-10-20 08:00
Unfolding in the mid-19th century, Guillermo del Toro’s “Frankenstein” is a carnival of Byronic hairdos and velvet frock-coats. The adaptation seems partly made up of cinema scraps, but has fresh touches too https://t.co/Ik6k8LXJhi ...
Netflix Stock Drops Below Key Level Before Q3 Earnings Report
Investors· 2025-10-16 20:44
Core Insights - Netflix is set to report its third-quarter results, with Wall Street showing concern as the stock has declined for five consecutive trading sessions, closing at $1,183.59, down 1.6% [1][2] - Analysts expect Netflix to earn $6.96 per share on sales of $11.51 billion for the September quarter, indicating a year-over-year growth of 29% in earnings and 17% in sales [2] - The focus for the upcoming report will be on Netflix's progress in its advertising-supported service [2] Analyst Ratings - Bernstein analyst Laurent Yoon maintains an outperform rating with a price target of $1,390, citing healthy subscriber engagement trends and popular content [3] - UBS analyst John Hodulik also holds a buy rating with a price target of $1,495, suggesting Netflix can sustain double-digit revenue growth due to member growth, price hikes, and increased advertising [4] - Monness Crespi Hardt analyst Brian White has a neutral rating, acknowledging Netflix's strong platform but noting dynamic competition and rich valuation [4] Content and Subscriber Engagement - Popular content in the last quarter included the second season of "Wednesday," the third season of "Squid Game," and the movie "KPop Demon Hunters" [3] - Upcoming releases include the return of "Stranger Things," high-profile movies like "Frankenstein," and popular series such as "The Diplomat" and "The Witcher" [3]
X @The Wall Street Journal
The Wall Street Journal· 2025-10-15 15:49
If he weren't an actor, Jacob Elordi would love to be a beekeeper.In the full interview, the actor also discusses his return to Netflix for "Frankenstein," working with Margot Robbie and the mystery he hopes no one solves. 🎥 https://t.co/D0y9wN5awT https://t.co/PwhDqeuqmR ...