The biggest drama in Hollywood in recent months hasn't been on the silver screen but in the boardrooms of two of the most powerful companies in the industry.
If Netflix can't land WBD, it's NBD.
Netflix Inc (NASDAQ:NFLX, XETRA:NFC) held an analyst briefing this week to make the case that its proposed merger with Warner Bros. Discovery has a cleaner regulatory path than the competing Paramount Skydance bid, deploying its chief global affairs officer and a senior antitrust lawyer from Skadden to push the argument.
Cinemark CEO Sean Gamble said Wednesday he is “apprehensive” about Netflix's Warner Bros. bid. He said Netflix's commitment to keep movies in theaters for 45 days is “some element of encouragement,” but questioned “how contradictory they now are to many of the other disparaging remarks that” the company has made about theaters over the years, citing comments Sarandos made last year that theatrical distribution is “outdated.
Netflix has ample cash and could increase its offer for HBO Max owner Warner Bros Discovery if rival bidder Paramount Skydance ups its own offer, two people with knowledge of the matter said.
Netflix (NFLX) reported earnings 30 days ago. What's next for the stock?
NFLX heads into 2026 with double-digit revenue growth, rising margins and surging ads, while CMCSA wrestles with broadband losses and Peacock red ink.
“YouTube Is Winning the Streaming Wars,” reads a recent headline from Barron's.
With international expansion and ad revenue powering their growth, Netflix and Roku stock are starting to stand out as compelling buy-the-dip plays.
Exhibitors are “apprehensive” about “placing too much stock” in Netflix's recent pledges to honor traditional theatrical release windows, Cinemark CEO Sean Gamble said Wednesday. Speaking to Wall Street analysts on the company's fourth-quarter earnings call, Gamble said theater owners have taken “some element of encouragement” from comments by Netflix management about theaters.
Netflix (NFLX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Netflix (NFLX) shares have decreased by 16.0% over the past 21 trading days. This recent decline raises worries related to its expensive Warner Bros.