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EU to weigh Netflix, Paramount bids for Warner Bros at same time, Bloomberg News reports [Yahoo! Finance]
Last netflix, inc. earnings: 4/21 04:00 pm
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US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Discovery at the same ?time, setting up an unusual head-to-head competition review, Bloomberg News reported on Wednesday. The ?takeover battle puts major entertainment assets on the line, including DC Comics, iconic franchises ranging from 'Friends' to 'Batman,' and the HBO Max streaming service - a combination that could reshape Hollywood's power dynamics. The ?parallel examinations are likely ?because the proposals are advancing on similar timeline and both bidders have already held preliminary discussions ?with the EU's merger watchdog about their plans, the report said, citing people familiar with the matter. A parallel review would give Brussels added ?leverage over Warner Bros.' future, the report said. Regulators ?could shape the contest by quickly clearing one bidder while subjecting the other to a longer investigation or requiring concessions, potentially allowing a frontrunner to emerge. Netflix declined to comment on the report. Paramount, Warner and the EU regulato
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- Netflix grows subscribers by making changes viewers hate [Yahoo! Finance][Yahoo! Finance]
- Netflix (NASDAQ:NFLX) was upgraded by analysts at Susquehanna to a "positive" rating.[MarketBeat]
- Netflix-Warner Bros deal could offer viewers relief from subscription fatigue [Yahoo! Finance][Yahoo! Finance]
- Netflix (NASDAQ:NFLX) had its price target lowered by analysts at TD Cowen from $115.00 to $112.00. They now have a "buy" rating on the stock.[MarketBeat]
- Netflix (NASDAQ:NFLX) had its price target lowered by analysts at Rothschild & Co Redburn from $145.00 to $120.00. They now have a "buy" rating on the stock.[MarketBeat]
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