Detailed view for this entity.
“they are in a bidding war with Paramount. And as of today, they took on they said they would take on an additional $ 8.2 billion in debt.”
“Netflix is larger than Comcast, Warner Brothers, and Paramount combined.”
“compete with Warner Brothers Discovery, they compete with Paramount, they compete with Disney, they compete with Apple TV and Amazon Prime and Tik Tok”
“So, Netflix will bid exactly up and match the bid from Paramount until it no longer falls into their valuation range.”
“Netflix allowed Paramount to make the acquisition, and Netflix will receive a several billion-dollar payment for the inconvenience it undertook in the process.”
“the company's management team chose not to continue with the bidding war against Paramount to acquire Warner Brothers Studios.”