Tag: $Netflix

 Investors will look for Netflix (NFLX) to emphasize content spending and ad business growth as key ​drivers when it reports quarterly earnings on Thursday, marking ‌the streaming giant’s first results since its failed bid for Warner Bros Discovery.

The company’s ad-supported plan is now $8.99 a month, up from $7.99; the standard plan is now $19.99 a month, up from $17.99; and its premium plan is now $26.99, up from $24.99.

Paramount Skydance has triumphed in its months-long campaign to scupper Netflix’s deal to buy Warner Bros Discovery, after its $111bn bid for the Hollywood studio drove the streaming giant to walk away.

Warner Bros. Discovery on Tuesday said it had received a higher takeover offer from Paramount Skydance and will review the new bid under the terms of its existing deal with Netflix.

T-Mobile added fewer wireless subscribers in the fourth quarter than analysts had expected, as rivals extended ⁠aggressive deals and offers to lure customers.

Activist investor Ancora Holdings has built a stake in Warner Bros Discovery (WBD) and plans to oppose the media company’s deal with Netflix for its studios and streaming assets, in the latest twist to the heated Hollywood takeover battle.

Netflix said on Tuesday it had reached 325 million global paid subscribers, a new milestone for the streaming giant that last reported membership numbers a year ago.

Netflix has adjusted its offer for Warner Bros. Discovery’s studio and streaming assets to an all-cash bid, according to an SEC filing on Tuesday.

Shares of streaming giant Netflix (NFLX) closed up 1% Tuesday on a report from Bloomberg that said it was considering changing its bid for Warner Bros. to an all-cash offer. Any revised offer would be aimed at expediting the sale.

The Warner Bros. Discovery board on Wednesday once again unanimously recommended that WBD shareholders reject a hostile takeover offer from Paramount Skydance.

Netflix’s (NFLX) Christmas Day National Football League broadcasts set new records, with the Detroit Lions vs the Minnesota Vikings becoming the most-streamed NFL game in the United States, the streaming giant said on Wednesday.

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.