Netflix, Warner Bros.
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Why did Netflix stock drop nearly 13% in December? The answer involves a massive buyout bid and a three-way corporate standoff.
Pentwater Capital Management, the seventh largest shareholder in Warner Bros Discovery, sent a letter to the board on Monday. The letter says the board has not
The trade association representing theater owners warned a congressional committee that the acquisition of Warner Bros. Discovery by either Netflix or Paramount will have a negative impact on their business.