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Stockreport

Warner Bros. Board Poised to Back Netflix as Paramount's $108 Billion Bid Falters [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
Skydance's $108.4 billion takeover bid and instead back Netflix's competing offer, according to people familiar with the matter. Warning! GuruFocus has detected 10 Warning Signs with WBD. Is WBD fairly valued? Test your thesis with our free DCF calculator. Sources said the company's board could announce its decision as early as Wednesday, marking a key turning point in a high-stakes bidding war over one of the entertainment industry's most valuable content libraries. That library spans classic films such as Casablanca and Citizen Kane, alongside modern franchises including Harry Potter, Friends and HBO's original programming. Netflix earlier this month emerged as the frontrunner with a $72 billion proposal for Warner Bros.' non-cable assets, giving it access to a deep catalog that could strengthen its position in the streaming wars. Paramount's counteroffer followed soon after, with CEO David Ellison taking his $30-a-share, all-cash bid directly to shareholders. Paramount ha [Read more]

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Stockreport

Warner Bros. Board Poised to Back Netflix as Paramount's $108 Billion Bid Falters [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
Skydance's $108.4 billion takeover bid and instead back Netflix's competing offer, according to people familiar with the matter. Warning! GuruFocus has detected 10 Warning Signs with WBD. Is WBD fairly valued? Test your thesis with our free DCF calculator. Sources said the company's board could announce its decision as early as Wednesday, marking a key turning point in a high-stakes bidding war over one of the entertainment industry's most valuable content libraries. That library spans classic films such as Casablanca and Citizen Kane, alongside modern franchises including Harry Potter, Friends and HBO's original programming. Netflix earlier this month emerged as the frontrunner with a $72 billion proposal for Warner Bros.' non-cable assets, giving it access to a deep catalog that could strengthen its position in the streaming wars. Paramount's counteroffer followed soon after, with CEO David Ellison taking his $30-a-share, all-cash bid directly to shareholders. Paramount ha [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
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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