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The war between Netflix $NFLX and Paramount Skydance $PSKY is far from over!
The board of Warner Bros. $WBD is discussing whether Paramount could offer better terms regarding the sale. No decision has been made yet, so the board may continue to stick with the current agreement with Netflix.
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I think investors in $NFLX shares will make money even without WBD. But if Netflix were to get it, that would be awesome and I could watch more movies😄
What a crazy plunge — I’m not a fan of that stock, but I expected a more positive reaction. Then WBD, instead of a small miss, does this... We’ll see where it actually settles, but I don’t want to fight the market, so I’ll probably take profits and move on 😉🤣