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Netflix and Warner Bros. deal is far from a sure thing
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Highlights
· 6h
In a takeover of Warner Bros., Netflix makes a play for 21st century Hollywood's throne
If the deal goes through, an algorithm-powered streaming titan would gobble up a 102-year-old movie studio synonymous with the romance of Old Hollywood.
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· 7h
Warner Bros, Netflix's $72 billion deal turns spotlight on performance of media titans
Warner Bros Discovery (WBD.O) has agreed to sell its iconic studio and streaming assets to Netflix (NFLX.O) for $72 billion, in a move that will reshape Hollywood by creating a vertically integrated m...
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· 18h
Netflix to buy Warner Bros. in $72 Billion deal that includes HBO Network
Under the deal announced Friday, Warner Bros. shareholders will receive $27.75 a share in cash and stock in Netflix.
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Fed's preferred inflation gauge hit 2.8% in September
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· 8h
The Fed's favorite inflation indicator hit 2.8% in September, delayed data shows
The Federal Reserve’s preferred measure of inflation, released Friday, showed that it had risen 2.8% in September from a year ago.
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