Netflix buys Warner Bros. for $82.7B
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Paramount is offering $30-a-share for the company, valuing WBD's equity at $77.9 billion, or $108 billion including debt. That compares to $27.75 a share that WBD would get from Netflix. The Paramount bid is also all cash, while Netflix had offered $23.50 in cash, with the remainder coming in stock.
AT&T’s acquisition of Time Warner serves as a textbook case. The transaction was framed as a merger between content and distribution, but integration challenges, enormous debt, and evolving industry dynamics led to a decline in stock value over the subsequent years.
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Netflix has a LOT of TV shows leaving in the coming weeks, we're going to recap all the biggest so you can plan your binges accordingly.
Netflix stock is falling Monday after Paramount challenged the streaming service's winning bid for parts of Warner Bros. Discovery, Inc.
Warner’s substantial parks business is its future owner’s shot at becoming the next Disney.
Netflix is set to acquire Warner Bros. Discovery, including HBO and HBO Max, but what does that mean for consumers?
This is a David and Goliath story – with a twist. Almost exactly 15 years ago today the owner of Warner Bros. and HBO pushed back on Hollywood and Wall Street hype about a streaming upstart named Netflix.