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Stockreport

Netflix to buy Warner Bros. Discovery in $72B deal [FOX Business Network]

Netflix, Inc. (NFLX)  More Company Research Source: FOX Business Network
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Discovery in a $72 billion deal, the streaming service announced on Friday. As part of the deal, Netflix will acquire Warner Bros. Discovery's film and television studios and streaming platform, HBO Max. Franchises, shows and movies such as "The Big Bang Theory," "The Sopranos," "Game of Thrones," "The Wizard of Oz" and the DC Universe will join Netflix's extensive portfolio. The cash-and-stock deal is valued at $27.75 per Warner Bros. Discovery share and has an enterprise value of $82.7 billion. "This acquisition will improve our offering and accelerate our business for decades to come," Netflix co-CEO Greg Peters said. "Warner Bros. has helped define entertainment for more than a century and continues to do so with phenomenal creative executives and production capabilities." This is a developing story. Check back for updates. [Read more]

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Stockreport

Netflix to buy Warner Bros. Discovery in $72B deal [FOX Business Network]

Netflix, Inc.  (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Discovery in a $72 billion deal, the streaming service announced on Friday. As part of the deal, Netflix will acquire Warner Bros. Discovery's film and television studios and streaming platform, HBO Max. Franchises, shows and movies such as "The Big Bang Theory," "The Sopranos," "Game of Thrones," "The Wizard of Oz" and the DC Universe will join Netflix's extensive portfolio. The cash-and-stock deal is valued at $27.75 per Warner Bros. Discovery share and has an enterprise value of $82.7 billion. "This acquisition will improve our offering and accelerate our business for decades to come," Netflix co-CEO Greg Peters said. "Warner Bros. has helped define entertainment for more than a century and continues to do so with phenomenal creative executives and production capabilities." This is a developing story. Check back for updates. [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
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Low:
%
POST NEWS RANGE
%
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PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

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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