In this short, we break down the latest reports, industry rumors, and what a potential netflix + wbd merger could mean for hbo, dc, and the entire streaming world 👉 would this be the biggest. Cnbc's alex sherman reports on how netflix won over warner bros Netflix has emerged victorious with what appears to be the highest bid for warner bros Discovery and the two sides are set to start exclusive talks. Larry and david ellison have a good relationship with donald trump
Is that enough to get him to kill netflix's deal to buy warner bros (the company) and warner bros (wbd) announced they have entered into a definitive agreement under which netflix will acquire warner bros., including its film and television studios, hbo max and hbo The cash and stock transaction is valued at $27.75 per wbd share (subject to a collar as detailed below), with a total enterprise value of approximately $82.7. Netflix’s biggest wall street backer downgrades it on fear that warner deal exposes weakness to youtube and tiktok threat downgrading his rating on netflix shares from buy to hold, pivotal.
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