Shares of streaming video giant Netflix (NASDAQ: NFLX)
jumped 10.4% in the afternoon session after the company walked away from a high-stakes bidding war for Warner Bros. Discovery, a move investors viewed as a sign of financial discipline.
Shares of multinational media and entertainment corporation Paramount (NASDAQ:PSKY)
jumped 20.5% in the afternoon session after its main competitor, Netflix, withdrew from the bidding war for Warner Bros. Discovery, clearing the path for Paramount's acquisition of the media giant.
In the most audacious consolidation move in Hollywood history, Paramount Global (NASDAQ: PARA) has emerged as the definitive victor in the high-stakes bidding war for Warner Bros. Discovery (NASDAQ: WBD). Following a year of intense speculation and a $111 billion counter-bid that sidelined streaming giant Netflix, the newly expanded Paramount empire—now bolstered by the 2025 [...]
In a move that signals the definitive end of the independent era for one of Hollywood’s most storied institutions, the Board of Directors of Warner Bros. Discovery (NASDAQ: WBD) has officially accepted a "superior" $31-per-share all-cash takeover bid from the newly consolidated Paramount Skydance (NASDAQ: PSKY). The deal, valued
In a dramatic shift for the "Streaming Wars," shares of Netflix (NASDAQ: NFLX) surged nearly 10% between February 26 and February 27, 2026, as investors cheered the company's decision to walk away from a bidding war for Warner Bros. Discovery (NASDAQ: WBD). The rally, which added billions to Netflix’s
As of February 27, 2026, the global media landscape has been irrevocably altered. For years, the industry speculated on the "endgame" of the streaming wars, envisioning a final consolidation where only three or four titans would remain. That vision became a reality this week. Following months of high-stakes negotiations, Netflix (NASDAQ: NFLX) officially walked away [...]
Date: February 27, 2026By: Financial Research Division Introduction On February 27, 2026, the global entertainment landscape witnessed a rare moment of corporate restraint that sent shockwaves through Wall Street. Netflix (NASDAQ: NFLX) shares surged 12.8% in early trading after Co-CEOs Ted Sarandos and Greg Peters announced the company would officially withdraw from the bidding war [...]
As of February 27, 2026, the market is grappling with a sudden shift in narrative for the combat sports and entertainment powerhouse, TKO Group Holdings (NYSE: TKO). After a stellar 2025 that saw the company’s stock soar to all-time highs above $218, the momentum hit a significant speed bump this week. Following the release of [...]
Stephanie Link, chief investment strategist at Hightower Advisors, chooses Truist Financial (TFC) as her final trade, supported by Morgan Stanley's upgrade. Rob Sechan picks Netflix (NFLX), Joshua Brown recommends Joby Aviation (JOBY), and Malcolm Ethridge selects Zscaler (ZS) ahead of quarterly earnings.
KORE stated that Searchlight and Abry will acquire all shares of the company’s issued and outstanding common stock that they currently don’t own in an all-cash transaction valued at nearly $726 million.
A top Hollywood podcast host is calling Paramount's $111 billion Warner Bros. win a disaster — and says Netflix may have been the real winner all along.
Sen. Elizabeth Warren (D-Mass.) has accused the Trump administration of corrupting the merger process between Netflix Inc. (NASDAQ: NFLX) and Warner Bros. Discovery (NASDAQ: WBD) in favor of the billionaire Ellison family.
