US EditionNetflix CEOs Call Warner Bros Deal “A Win For The Entertainment Industry,” But Wall Street Isn’t Convinced
Netflix aims to grow by acquiring Warner Bros. assets for $83 billion amid a hostile bid from Paramount and expects regulatory approval, despite Wall Street skepticism.
- On Monday, Netflix co-CEOs Greg Peters and Ted Sarandos disclosed in an SEC filing their pending $83B acquisition of Warner Bros., referring employees to their UBS appearance earlier this week.
- Netflix says the acquisition is about growth and complementary assets, noting Warner Bros.' deep portfolio and library will strengthen Hollywood jobs and studio capabilities.
- Usage metrics and regulatory scope underline the narrow U.S. viewing impact as Nielsen data show Netflix and WBD combined would account for only 9% of U.S. TV usage, and Netflix targets only studio-and-streaming assets, seeking DOJ approval.
- Wall Street reacted, with Netflix shares falling amid doubts as Netflix shares dropped 15% last month while Paramount launched a Dec. 8 hostile $78 billion bid.
- Company executives warned the process will be complex and extend into next year, while Robert Fishman, MoffettNathanson analyst, advised Netflix to `bow out of the bidding war` if Paramount raises its bid.
20 Articles
20 Articles
Netflix CEOs Push Back as WB Acquisition Faces Hostile Paramount Counterbid
The Netflix WB deal continues to send shockwaves through Hollywood, and now Netflix’s top executives are going on record to defend it. In a newly disclosed internal memo, Netflix co-CEOs Ted Sarandos and Greg Peters addressed employee concerns surrounding the company’s proposed acquisition of Warner Bros. studios, HBO, and HBO Max, insisting the deal represents “a win for the entertainment industry” rather than a death knell for Hollywood as cri…
Netflix's bid to buy Warner Bros. hinges on a key question: Who does it actually compete with?
"Stranger Things" maker Netflix could face regulatory scrutiny as it looks to buy Warner Bros.COURTESY OF NETFLIX/Courtesy of Netflix/Netflix © 2025Netflix has agreed to buy Warner Bros. in one of the biggest deals in Hollywood's history.Government regulators must decide whether Netflix would be too powerful with key WBD assets.The major question: Who does Netflix actually compete with?Would buying Warner Bros. give Netflix too much power?The st…
Netflix Co-CEOs Insist Warner Bros. Deal Is 'Not the End' of the Entertainment Industry
Netflix co-CEOs Ted Sarandos and Greg Peters answered some frequently asked questions from staffers regarding Warner Bros. Discovery, insisting the $82.7 billion deal is “not the end” of the entertainment industry. “This is something that we’ve heard for a long time — including when we started the streaming business. Our stance then and now is the same — we see this as a win for the entertainment industry, not the end of it,” they wrote in a sta…
Coverage Details
Bias Distribution
- 45% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
