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-0.000249078409883488 -0.000298894091860129 0 0.00123144365846365 -0.00264023114476438 -0.0012952077313938 -0.0012952077313938 -0.0012952077313938
Stock impact report

Netflix announces deal to buy Warner Bros. and HBO [CNN]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Company Research Source: CNN
If the deal goes through, it will fundamentally reshape Hollywood at a precarious time for the entertainment business. It would give Netflix control of some of the industry's most valuable intellectual property, including Batman, Harry Potter and Game of Thrones, and would give a company that historically had very little interest in movie theaters oversight of the studio that put more butts in seats than any other this year. But first it will be subjected to intense regulatory review in the US and other countries. Netflix announced the blockbuster deal with Warner Bros. Discovery on Friday morning. It has agreed to buy the legendary TV and movie studio and assets like the HBO Max streaming service for $72 billion, plus debt. The announcement jolted Hollywood and jumbled expectations about the next steps for Warner Bros. Discovery, which is also the parent company of CNN. Warner Bros. Discovery (WBD) said it is moving forward with its plans to split into two publicly traded ha Show less Read more
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