If, at first, Discovery, AT&T, AOL, Time and others fail? Well, David Ellison is going to go ahead and give Warner Brothers a try anyway.
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Netflix, with its 325 million subscribers, swears its potential (if not likely) acquisition of Warner Bros amounts to vertical integration.
In its fourth-quarter earnings call last week, Roku announced its platform revenue grew 18% year-over-year to reach $1.2 billion.
Netflix retains the ability to match any Paramount offer moving forward, and WBD shareholders won’t vote on either bid until April.
Whoever gets named to the head job will have the tough job of turning Iger’s late-era ambitions into reality.
As a pure-play streamer that can’t fall back on, for instance, theme parks for its revenue, content is everything for Netflix.
Standout deals included Union Pacific’s $88 billion purchase of Norfolk Southern and the $56.6 billion deal to take Electronic Arts private.
That puts the ball back in WBD’s court to reject Paramount’s offer for the eighth time if it chooses to stick with Netflix.
After a dive, the company’s stock is still up 8% in 2025, while both long and short leveraged ETFs are down.
The straight-to-shareholders pitch rests in part on the argument that a Paramount takeover is more appealing to regulators.
A potential tie-up would come at an interesting crossroads for the theatrical industry and its longtime nemesis, Netflix.
The company has been one of the top beneficiaries of Trump administration policies, with US revenue climbing 68% year-over-year in Q2.
Netflix shareholders have raised concerns that the platform is failing to juice its user-engagement metrics.
Ultimately, the new fee will apply to H-1Bs when they are first granted, and not to existing visas or any future renewals.
Whether it pursues the box office or not, Netflix is clearly interested in catering to the extroverts among us.
ESPN’s standalone streaming service is finally here, but it’s core audience may have already found a preferred way to watch sports.