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Stockreport

Netflix Addresses WB Takeover Concerns in Employee Memo [Yahoo! Finance]

Netflix, Inc. (NFLX)  More Company Research Source: Yahoo! Finance
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
At a time when streaming services are consolidating content across apps to make more money, Netflix is preparing for what could be an industry-changing merger and takeover. The streaming video giant appears poised to complete an $82.7 billion offer to buy Warner Bros. Studios, HBO and HBO Max . The deal still needs to clear a few more hurdles before it's official, but higher-ups at Netflix seem to believe that it will only be a matter of time. According to Variety, Netflix co-CEOs Ted Sarandos and Greg Peters sent a memo to employees in an effort to defend the deal and quell concerns about its potential harm to the film and television industries. "We have a solid deal in place. It's great for our shareholders, great for consumers, and a strong way to create and protect jobs in the industry," Sarandos and Peters said in the memo, which was disclosed as part of an SEC filing on Monday. "We're confident we'll get it over the finish line — and we're genuinely excited about what's [Read more]

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Netflix Addresses WB Takeover Concerns in Employee Memo [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
At a time when streaming services are consolidating content across apps to make more money, Netflix is preparing for what could be an industry-changing merger and takeover. The streaming video giant appears poised to complete an $82.7 billion offer to buy Warner Bros. Studios, HBO and HBO Max . The deal still needs to clear a few more hurdles before it's official, but higher-ups at Netflix seem to believe that it will only be a matter of time. According to Variety, Netflix co-CEOs Ted Sarandos and Greg Peters sent a memo to employees in an effort to defend the deal and quell concerns about its potential harm to the film and television industries. "We have a solid deal in place. It's great for our shareholders, great for consumers, and a strong way to create and protect jobs in the industry," Sarandos and Peters said in the memo, which was disclosed as part of an SEC filing on Monday. "We're confident we'll get it over the finish line — and we're genuinely excited about what's [Read more]

IMPACT SNAPSHOT
EVENT TIME:
NFLX
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Price Change
Price Change %
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Max Down
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
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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
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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS