Netflix Defends $83 Billion Warner Bros Bid Amid Investor Skepticism
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Storyboard•22-01-2026, 09:25
Netflix Defends $83 Billion Warner Bros Bid Amid Investor Skepticism
- •Netflix is defending its $83 billion bid for Warner Bros. Discovery assets after investor skepticism led to a 15% drop in shares since December 5.
- •The acquisition marks a significant shift from Netflix's traditional 'build, don't buy' strategy, forcing co-CEOs Ted Sarandos and Greg Peters to justify the move.
- •The deal includes Warner Bros' film and television studios, streaming operations, and popular franchises like Harry Potter and Game of Thrones.
- •Netflix aims to leverage Warner's mature theatrical operations and prestigious brands like HBO, despite initial internal skepticism about theatrical distribution.
- •Investor concerns persist due to high acquisition costs, modest revenue growth, and anticipated regulatory scrutiny, even with Netflix securing a $59 billion bridge loan.
Why It Matters: Netflix defends its massive Warner Bros acquisition, citing strategic shifts and content value, despite investor doubts.
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