Netflix Stock Rebounds as Streamer Walks Away From WBD Deal $2.8 Billion Richer
Netflix shares soared almost 10% after the streamer dropped its $82.7 billion bid for Warner Bros. Discovery’s streaming and studio assets, alleviating investor concerns and boosting the service’s market confidence. The stock is still down 7% from the streamer’s $100.3-per-share price on Dec. 5, 2025, when WBD announced it had accepted a deal with Netflix. … Continue reading “Netflix Stock Rebounds as Streamer Walks Away From WBD Deal $2.8 Billion Richer”
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Breaking Glass Pictures will make the revenge thriller Trucker available through digital home entertainment retail platforms beginning March 10. Directed by Errol Sack and written by Steven Shaffer, Trucker follows a hardworking truck driver in 1985 whose life is shattered when his family is killed in a fiery crash caused by a group of reckless …
Netflix co-CEO Ted Sarandos is reportedly meeting at the White House with Trump Administration officials on Feb. 26 to discuss issues surround the streamer’s accepted $82.7 billion all-cash acquisition of Warner Bros. Discovery’s streaming and studio assets. As first reported by Politico, the meetings will address President Trump’s social media call for the streamer to …
The WNBA’s Portland Fire and NWSL’s Portland Thorns Feb. 24 announced multi-year media partnerships establishing both direct-to-consumer streaming video and broadcast TV access. Gray Media’s KPDX (Fox 12 Plus) is the regional broadcast home for the two professional women’s sports teams in Portland, while DTC provider Kiswe will also provide access to live games, original …
Amazon MGM Studios’ Mercy led the chart of the top 10 titles on Fandango’s transactional digital service Fandango at Home for the week ended Feb. 22. In the drama set in the near future, a detective (Chris Pratt) stands on trial accused of murdering his wife. He has 90 minutes to prove his innocence to the advanced A.I. …
Sony Pictures Animation’s GOAT held on to finish No. 1 at the North American box office in its second weekend, posting a projected $17 million in ticket sales — down 38% from last weekend’s $27.4 million debut. Through Sunday, the film’s total domestic gross stands at $58.3 million. Warner Bros. Pictures’ Wuthering Heights, last weekend’s No. …
This month, “Predator” fans enjoyed a hunt of their own, as they visited local Los Angeles horror venues — Slasher World, Horror Vibes Coffee, and Killer Fitness — for photo opps, custom beverages, and a Yautja-themed workout during the week leading up to the Feb. 12 Hulu streaming and Feb. 17 DVD, 4K and Blu-ray …
Sony Pictures Animation’s GOAT looks to move from its runner-up position last weekend and top the weekend box office with $18.5 million in projected ticket sales through Feb. 22, according to new data from Box Office Report.com. The movie generated three-day and four-day revenue of $27.2 million and $35.12 million, respectively, through Feb. 16. Lionsgate’s …
Blue Ant Rights, the distribution arm of Blue Ant Studios, on Feb. 19 unveiled an expanded slate of 40 new and returning premium titles that it will debut at its London Screenings next week. The line-up introduces scripted programming to Blue Ant’s regular offering of factual entertainment, true crime, and documentaries. The company’s global catalog …