Netflix Only Buying Warner Bros. To Sabotage A Rival Streamer? [Yahoo! Finance]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: Yahoo! Finance
Yesterday, Netflix confirmed something that would have once seemed unthinkable: the streaming giant has reached a “definitive agreement” to buy Warner Bros. (more specifically, the film and TV studios) for a staggering sum of $83 billion. There are many miles to go before any such deal can be finalized, but audiences everywhere are wondering how this will affect major WB franchises ranging from Harry Potter to the DCU. Those fans may have little to worry about, though: according to one compelling conspiracy theory, Netflix made its huge bid simply to keep Paramount from buying Warner Bros. and may not ultimately end up buying the film studio.
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News
- Cinemas and unions sound alarms over Netflix-Warner Bros. deal [Los Angeles Times (CA)]Los Angeles Times
- I Can't Believe This Addictive Netflix Thriller Is Still Living Rent-Free Inside My Head [CNET News]CNET News
- Netflix–Warner Bros. deal sets pp $72 billion antitrust test [Fortune]Fortune
- Netflix Breaks From 'Build, Not Buy' With Warner Bros. Deal [Yahoo! Finance]Yahoo! Finance
- How Netflix acquiring Warner Bros. could reshape Hollywood [USA TODAY]USA TODAY
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- NFLX's page on the SEC website