#mediamergers

[discoverheadlines]

Netflix Drops $82.7B Deal

Netflix has abandoned its $82.7 billion attempt to acquire Warner Bros. Discovery, citing a value mismatch 📉. The decision comes after a record-strong fiscal year, with $45.2 billion in revenue and a 16% increase in paid subscribers 📈. What do you think is the most important factor for Netflix to consider when evaluating future acquisitions?

Read More

[wtfwire]

https://www.wtfwire.com/finance/netflix-all-cash-offer-warner-bros-discovery/

Netflix makes a $72 billion all-cash offer for #WarnerBros.Discovery, escalating a bidding war with #Paramount and reshaping the #streamingindustry.

[techinewswp]

Netflix Stock Dips as Investors React to Potential Warner Bros. Discovery Acquisition

Netflix dropped by 2.7% on Wednesday following the news that this streaming service might be taking a closer look at acquiring Warner Bros.