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Stockreport

Battered Theater Business Faces New Blow With Netflix-Warner Deal [Forbes]

Netflix, Inc. (NFLX)  More Company Research Source: Forbes
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Streaming giant Netflix's agreement today to buy the Warner Bros. film and TV studios, vast library, HBO Max streaming service and HBO premium cable channel stands to kick out another leg of support under the still-struggling theatrical exhibition industry. The $82 billion deal, including $10 billion in Warner Bros. Discovery's plentiful debt, also would leave out on an ice floe (with even more debt) the remainder WBD assets, mostly cable networks including TNT, TBS, CNN and the reality-show-heavy Discovery nets. Whether Netflix can navigate the thickets of Trump Administration fealty and political favoritism will be discovered in coming months. Indeed, the challenges of getting regulatory approval were enough of a potential lever that losing bidder Paramount Skydance, backed by Trump friend and Oracle founder Larry Ellison's vast fortune, warned the WBD board in a letter this week that it was the only company that could get a deal approved. The real challenge, though, may come [Read more]

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Stockreport

Battered Theater Business Faces New Blow With Netflix-Warner Deal [Forbes]

Netflix, Inc.  (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Streaming giant Netflix's agreement today to buy the Warner Bros. film and TV studios, vast library, HBO Max streaming service and HBO premium cable channel stands to kick out another leg of support under the still-struggling theatrical exhibition industry. The $82 billion deal, including $10 billion in Warner Bros. Discovery's plentiful debt, also would leave out on an ice floe (with even more debt) the remainder WBD assets, mostly cable networks including TNT, TBS, CNN and the reality-show-heavy Discovery nets. Whether Netflix can navigate the thickets of Trump Administration fealty and political favoritism will be discovered in coming months. Indeed, the challenges of getting regulatory approval were enough of a potential lever that losing bidder Paramount Skydance, backed by Trump friend and Oracle founder Larry Ellison's vast fortune, warned the WBD board in a letter this week that it was the only company that could get a deal approved. The real challenge, though, may come [Read more]

IMPACT SNAPSHOT
EVENT TIME:
NFLX
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