Warner Bros. Discovery open for sale
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Netflix had another big quarter marred by a tax dispute, but the real question is whether it will buy Warner Bros. Discovery. The answer: probably no.
A letter from Paramount’s chief executive, David Ellison, to Warner Bros.’ board of directors reveals weeks of talks between the companies.
Netflix missed the earnings target set by stock market analysts during the video streamer’s latest quarter, a letdown that the company blamed on a tax dispute in Brazil.
Earlier, Warner Bros. turned down Paramout Skydance's bid as the offer of around $20 per share was considered too low
CEOs Ted Sarandos and Greg Peters talk media M&A as Warner Bros. Discovery put itself on in play. They look at everything, but don't need it.
Stocks traded mostly higher on Tuesday, with investors focused on the nearly one-fifth of the companies in the S&P 500 that are reporting quarterly earnings this week.These stocks were making moves Tuesday:Warner Bros.