HBO Max Hit 131.6M Subs, NBA Exit Squeezed Advertising As WBD Deal Drama Dominates Q4 [Yahoo! Finance]
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Source: Yahoo! Finance
But the roiling M&A tide, with Paramount suddenly in a position to possibly hijack a planned Netflix transaction, is top of mind on Wall Street amid WBD's latest financials. The David Ellison and David Zaslav-run companies are currently in talks , a new development that means PSKY's latest offer has a shot at at the deal. Paramount executives offered a no comment on an earnings call Wednesday, with the same likely from WBD at its analysts' confab set for 8:30 am ET. More from Deadline Channel 5 Making Factual Drama About Interrogation Of Madeleine McCann's Mother TKO President Mark Shapiro Supports Both Paramount And Netflix In WBD Merger Battle Sarandos Schleps To White House To Counterpunch Paramount's Potential Upper Hand In WBD Bid The media giant, which put itself on the block last fall and agreed in December to sell Netflix its studio and streaming assets, saw Q4 revenue dip 6% to $9.46 billion. Adjusted ebitda (earnings before interest, taxes, depreciation and amort
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