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Stockreport

Netflix responds to concerns about WBD deal [TechCrunch]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: TechCrunch
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Responses from the industry have been generally negative, sparking concern about the acquisition's implications for jobs, the future of theatrical releases, and the representation of diverse voices in film and TV. Netflix co-CEOs Greg Peters and Ted Sarandos have sought to address fears surrounding the deal in a letter to employees, which was made public by Bloomberg on Monday. The executives reassured staff of their commitment to maintaining theatrical releases for WBD films. They also asserted that there will be “no overlap or studio closures.” The co-CEOs further stated that the “deal is about growth” and that the company is “strengthening one of Hollywood's most iconic studios, supporting jobs, and ensuring a healthy future for film and TV production.” Despite these assurances, the Writers Guild of America (WGA) has emerged as a vocal opponent of the acquisition, arguing that it violates antitrust laws designed to prevent monopolies. Additionally, the deal has attracted [Read more]
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Stockreport

Netflix responds to concerns about WBD deal [TechCrunch]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: TechCrunch
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Responses from the industry have been generally negative, sparking concern about the acquisition's implications for jobs, the future of theatrical releases, and the representation of diverse voices in film and TV. Netflix co-CEOs Greg Peters and Ted Sarandos have sought to address fears surrounding the deal in a letter to employees, which was made public by Bloomberg on Monday. The executives reassured staff of their commitment to maintaining theatrical releases for WBD films. They also asserted that there will be “no overlap or studio closures.” The co-CEOs further stated that the “deal is about growth” and that the company is “strengthening one of Hollywood's most iconic studios, supporting jobs, and ensuring a healthy future for film and TV production.” Despite these assurances, the Writers Guild of America (WGA) has emerged as a vocal opponent of the acquisition, arguing that it violates antitrust laws designed to prevent monopolies. Additionally, the deal has attracted [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS