Netflix raises bid for Warner Bros. Discovery
Digest more
President Donald Trump purchased corporate bonds from Netflix and Warner Bros Discovery shortly after the two companies signed their merger deal.
This week, Netflix announced that it won the bid to buy Warner Bros. Discovery and all its properties, including streaming service HBO Max and the DC cinematic universe. The merger will cost Netflix $82.7 billion and unite two media giants. All over ...
The competing bids for Warner Bros. Discovery have produced a well-established merger-arbitrage environment. Click here to read why WBD is a Strong Buy.
CNN will collect $1.8 billion in revenue this year, parent company Warner Bros. Discovery estimates, with that figure rising to $2.2 billion by 2030.
John Oliver does not plan to change what "Last Week Tonight" does despite the impending Warner Bros. Discovery merger.