Your email has been successfully added to our mailing list.

×
-0.000505390835579414 -0.000673854447439339 -1.68463611859446E-05 -0.00033692722371961 0 -0.00033692722371961 0.000673854447439458 -0.000673854447439339
Stock impact report

Netflix executives seek to calm fears over multibillion-dollar Warner Bros. deal [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
Discovery while trying to allay fears the deal will hurt the entertainment industry. The joint note filed with the Securities and Exchange Commission by Greg Peters and Ted Sarandos maintained that combining the streaming behemoth with the historic movie and TV studios and its HBO Max service "will offer consumers more choice and value, allow the creative community to reach even more audiences with our combined distribution, and fuel our long-term growth." The communication follows the Dec. 8 hostile bid from Paramount, which has upped the ante to $78 billion or $30 share. Paramount is also seeking to acquire WBD's cable assets including CNN and Discovery Networks. Warner Bros. Discovery has a massive library of popular and classic films along with durable TV series such as "Friends," that would fortify Paramount's own streaming platform Paramount+. Paramount is going directly to shareholders in order to also put pressure on WBD. Paramount executives have accused the company of Show less Read more
Impact Snapshot
Event Time:
WBD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
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
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
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for WBD alerts
Opt-in for
WBD alerts

from News Quantified
Opt-in for
WBD alerts

from News Quantified