Netflix’s Costly Conquest: Investors Flee as Mega-Deal Unfolds

Netflix finds itself in a high-stakes battle for media giant Warner Bros. Discovery, a move that has triggered a significant sell-off among its shareholders. As the company’s leadership defends the proposed $72 billion acquisition, rival Paramount has launched an aggressive counter-bid. The streaming pioneer’s stock has shed approximately 30% of its value, leading market observers to question whether this ambitious expansion could overextend the industry leader.

Contrary to speculation of an open auction, Netflix’s position is firmly anchored. The company executed a binding merger agreement with Warner Bros. Discovery (WBD) on December 5th. WBD’s board has explicitly advised its shareholders to reject the unsolicited offer from Paramount Read more...