Tag: $Netflix

Netflix (NFLX) has refinanced a part of its $59 billion bridge loan to support its potential acquisition of Warner Bros Discovery’s (WBD) film, TV studios and streaming assets, according to a regulatory filing on Monday.

The Warner Bros. Discovery board on Wednesday said it unanimously recommended that WBD shareholders reject a takeover offer from Paramount Skydance and stick with a “superior” proposal from Netflix

Netflix’s (NFLX) decision to acquire assets from ​Warner Bros Discovery has ‌not changed and the hostile bid ‌from Paramount Skydance was “entirely expected”, its co-CEOs Greg Peters and Ted Sarandos said in ⁠a letter ‌to employees on Monday.

U.S. President Donald Trump said on Sunday that he would have a say whether a proposed merger between Netflix and Warner Brothers should go forward, telling reporters the market share of a combined entity could raise concerns.

Netflix announced Friday it’s reached a deal to buy pieces of Warner Bros. Discovery, bringing a swift end to a dramatic bidding process that saw Paramount Skydance and Comcast also vying for the legacy assets.

Netflix has sweetened its offer for Warner Bros. Discovery in a second round of bids as it tries to outdo rival Paramount.

Paramount, Comcast and Netflix are preparing bids for Warner Bros. Discovery , according to people familiar with the matter.

Netflix may be about to add Harry Potter and Batman to the vast library of characters it controls. The video streamer is weighing up making a bid for Warner Bros. Discovery’s streaming and studios business, according to a report.

Netflix stock was dropping Tuesday afternoon after the video streaming giant reported third-quarter earnings below Wall Street estimates.

Netflix (NASDAQ:NFLX) stock fell 2% Wednesday morning after billionaire entrepreneur Elon Musk called on his followers to cancel their subscriptions to the streaming service.

Netflix (NFLX) topped second quarter earnings expectations, beating on both the top and bottom lines and raising its full year revenue guidance as the streamer continues to stand out amid a tech-driven market rally.

Netflix (NFLX.O), has held talks with Spotify (SPOT.N), to partner on projects such as music award shows or live concert series as part of its live TV push, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Netflix (NASDAQ:NFLX) announced on Wednesday that it is planning a major overhaul of its TV app interface and will introduce generative AI to the iOS mobile platform.

Netflix stock was rising Monday after a strong first-quarter earnings report helped it shrug off a slump for the broader market.

Netflix reported better-than-expected results Tuesday afternoon. But the big news was the streaming video company added more subscribers in one quarter than ever in its history.

Netflix looks to have scored big with its Christmas Day coverage of two NFL games.

Netflix and FIFA have agreed to a U.S. broadcast deal for the 2027 and 2031 Women’s World Cup, further expanding the streaming company’s footprint in the live-sports category, which includes NFL, boxing and WWE content.

Netflix shares jumped Friday after the media streaming giant reported third-quarter earnings and revenue that beat expectations.

Netflix stock slipped ahead of Friday’s opening bell after the company reported better-than-expected earnings for the June quarter but revenue that was roughly in line with Wall Street estimates.

Netflix beat quarterly earnings and revenue estimates.