Netflix, Warner Bros.
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In the third quarter, Netflix generated revenue that climbed 17% year over year to $11.5 billion, driving its adjusted earnings per share (EPS) up 27% to $6.87. Management expects its growth streak to continue. Netflix is guiding for fourth-quarter revenue of $11.96 billion, resulting in EPS of $5.45, an increase of 28%.
The bidding war to buy Warner Bros. Discovery is creating wild stock-price swings. There is more than one way to take advantage.Warner stock has been moving since news surfaced at the end of October that Netflix was interested in buying Warner Bros.
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What is a hostile takeover? What to know about Paramount's bid to acquire Warner Bros. Discovery
Streaming giant Netflix appeared to win the bidding war for Warner Bros. Discovery last week, when the two firms announced their merger. Within days, however, Paramount announced its hostile bid, meaning Paramount plans to appeal to Warner Bros. Discover shareholders in an effort to overcome the wishes of management.
Warner Bros. (WBD) shares as a bidding war for the company has emerged. The upside may be limited by resistance though.
The fight between Netflix and Paramount over who will buy Warner Bros. is heating up. Here's what markets are thinking about the bidding war.
A high-stakes bidding war heated up this week when Paramount made a hostile takeover bid for Warner Bros. Discovery, challenging a multibillion-dollar Netflix deal to buy the entertainment juggernaut.
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Paramount Skydance may raise bid for Warner Bros. Discovery by 10% after going hostile: sources
(They’re) not going to be jerked around,” one source said of the Ellisons. “But yeah, they’re prepared to move higher.”
As for Netflix, Co-CEOs Greg Peters and Ted Sarandos are scheduled to appear on Monday as part of UBS’ 2025 Global Media and Communications Conference. It’s expected that they will address both the company’s bid to acquire Warner Bros. and Paramount’s hostile counteroffer during this time.
Netflix (NASDAQ: NFLX) pioneered the media industry when it launched its streaming service in 2007. Suddenly, video and DVD rentals were a thing of the past. Fast forward to today