Netflix’s WBD deal swaps history for fantasy, with a dose of high drama

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Netflix has announced a $83 billion deal to acquire Warner Bros. Discovery's (WBD) studio and streaming businesses, marking a significant shift in the media landscape.

Market Impact

Market impact analysis based on bearish sentiment with 59% confidence.

Sentiment
Bearish
AI Confidence
59%

Article Context

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Acquisition announced on Friday puts $83bn price tag on company’s studio and streaming businesses, including debt

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Original article published by Financial Times on December 5, 2025.
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