Netflix's $82.7 billion deal to buy parts of Warner Brothers Discovery could sink $NFLX by 2030. But shares could pop 125% if Netflix achieves its deal goals.

The hostile offer may outmuscle Netflix on price, but WBD’s decision hinges on competing futures: a clean reset under Paramount or a deeper strategic alignment with the world’s dominant streamer.

A core argument of Paramount Skydance’s hostile takeover bid for Warner Bros. Discovery is this: WBD’s cable networks like CNN and TBS are not worth as much as the David Zaslav-led company’s deal with Netflix implies,

Warner Bros Discovery stock rises as Netflix unveils a $72 billion acquisition deal, transforming the future of streaming and entertainment. Discover what this means for investors and the industry.

Reps. Sam Liccardo (D-Calif.) and Ayanna Pressley (D-Mass.) sent letter to board of WBD as well as to Treasury Secretary Scott Bessent on Wednesday.

If Paramount achieves victory in its hostile takeover bid, the addition of Warner Bros. Discovery to its portfolio would, in principle, lead to a stronger combined company, with HBO Max boosting its streaming segment while WBD's various television and cable outlets complement Paramount's networks, including its flagship CBS.

Netflix's stock rose slightly after it announced a deal to acquire Warner Bros. Discovery's studios and HBO Max -- while investors pushed WBD stock to its highest levels in more than three years.

Discover the top media stocks by RSI as Netflix acquires Warner Bros. Explore momentum shifts, market insights, and key consolidation trends.