Netflix rose more than 9% on Friday as investors cheered the decision to drop out of the race for Warner Bros Discovery, a months-long bidding war with Paramount Skydance for some of Hollywood’s most prized assets.Netflix declined to match Paramount’s latest offer of $31 per share or increase its $27.75 per share offer for Warner […]
After Netflix ended the bidding war for Warner Bros. had won.’ film and streaming business in December 2025, the company announced its plans to release films in theaters. In a recent one Interview with the New York TimesNetflix co-CEO Ted Sarandos explained that after Netflix sold Warner Bros. has taken over, he “will run that […]
It was just a day ago that Netflix announced an $82.7 billion deal to acquire Warner Bros. to take over, and it is already described that the takeover will bring Hollywood to “full panic mode,” “possibly a death knell for theatrical filmmaking”, and maybe even “the end of Hollywood” yourself. Some of the fiercest opposition […]