Your email has been successfully added to our mailing list.

×
0.000106177492302151 -0.000108322492146557 -1.07249992212695E-06 -1.07249992212695E-06 0.000106177492302151 0.00128592740677028 -0.000322822476595266 0.00107142742232157
Stock impact report

Warner Bros. criticizes Paramount for overpaying for sports rights like UFC in rejection letter [Yahoo! Finance]

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: Yahoo! Finance
Well that's at least part of the reason why the Warner Bros. board of directors rejected an offer from Paramount to buy the entire company after already accepting a separate offer from Netflix. In a letter filed with the Securities and Exchange Commission, Warner Bros. outlined a number of reasons why the company was rejecting Paramount's offer, which included a poor credit rating as well as uncertainty about funding — with billionaire Larry Ellison now personally guaranteeing some of those financials to back his son David Ellison, who serves as the CEO over Paramount. But Warner Bros. also specifically pointed towards the new regime at Paramount Skydance (the combined company that emerged after Ellison's Skydance merged with Paramount) allegedly overpaying for some rights fees including sports. A section from the letter filed by Warner Bros. below: “In the short period since the completion of the Paramount/Skydance transaction, PSKY has signed above-market, multi-year programm Show less Read more
Impact Snapshot
Event Time:
NFLX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for NFLX alerts
Opt-in for
NFLX alerts

from News Quantified
Opt-in for
NFLX alerts

from News Quantified