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Stockreport

Reviews are in, and Hollywood insiders aren't pleased with the Netflix-Warner Bros. deal [Business Insider]

Netflix, Inc. (NFLX)  More Company Research Source: Business Insider
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Netflix said it's buying Hollywood titan Warner Bros. in a blockbuster deal. Reacting to the news, several industry professionals raised concerns. Some said the acquisition could lead to job cuts, while others worried it could stymy creativity. The critics have spoken, and the Netflix-Warner Bros. deal isn't getting rave reviews from Hollywood insiders. Hollywood heavy hitters and rank-and-file industry workers alike have spoken out against the megadeal. "If I was tasked with doing so, I could not think of a more effective way to reduce competition in Hollywood than selling WBD to Netflix," Jason Kilar, who previously ran Warner Bros. as the CEO of WarnerMedia, posted on X shortly after news of the deal broke. The $72 billion acquisition , which requires regulatory approval, would reshape an industry that is still reeling from the intro [Read more]
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Stockreport

Reviews are in, and Hollywood insiders aren't pleased with the Netflix-Warner Bros. deal [Business Insider]

Netflix, Inc.  (NFLX) 
More Company Research Source: Business Insider
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Netflix said it's buying Hollywood titan Warner Bros. in a blockbuster deal. Reacting to the news, several industry professionals raised concerns. Some said the acquisition could lead to job cuts, while others worried it could stymy creativity. The critics have spoken, and the Netflix-Warner Bros. deal isn't getting rave reviews from Hollywood insiders. Hollywood heavy hitters and rank-and-file industry workers alike have spoken out against the megadeal. "If I was tasked with doing so, I could not think of a more effective way to reduce competition in Hollywood than selling WBD to Netflix," Jason Kilar, who previously ran Warner Bros. as the CEO of WarnerMedia, posted on X shortly after news of the deal broke. The $72 billion acquisition , which requires regulatory approval, would reshape an industry that is still reeling from the intro [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