Netflix says it's struck a deal to buy Warner Bros. Discovery for $27.75 per share

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Why This Matters

Netflix has finalized an acquisition deal for Warner Bros. Discovery at $27.75 per share, concluding a competitive bidding process that included other major players like Paramount Skydance and Comcast. This strategic move is expected to enhance Netflix's content library and market position.

Market Impact

Market impact analysis based on bullish sentiment with 78% confidence.

Sentiment
Bullish
AI Confidence
78%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Netflix announced it's reached a deal to buy WBD, bringing a swift end to a dramatic bidding process that also involved Paramount Skydance and Comcast.

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Full article on CNBC
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Original article published by CNBC on December 5, 2025.
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