WB

Civil-Woodpecker8086

This is a rule that is followed by every brokerage. Nothing to do RH or WB or Fidelity or Schwab. Same trading limit applies

NerdSlamPo

Is there a buy with the Paramount/WB pause? Whole situation is strange

Ok_Cry7572

BREAKING: Paramount and WB deal paused.

base43

WB has the key to Becky Quick's V

Raddish3030

They wanted the WB purchase to get that sweet sweet "we have new potential" pump. Even if it doesn't really make a difference.

51times

i'll add some points as I studied the merger attempts: 1. Streaming market is a saturated market with 2030 growth rate <2%. Market focus shifted from growth focus to profitability, ARPU and Engagement. Hence netflix worked on password-sharing restrictions, a good impact on revenue but need more of such to increase revenue growth - do I see anything coming? Not sure apart from increase in Ad revenue from current $1.8B (total netflix revenue is $45B). Warning I didn't read the latest report or commentary so there can be more on this. 2. YoY Netflix subscriber growth is 15% but WB is 27% and with a possible merger the 27% is going to increase putting downward pressure on netflix subscriber growth. 3. Netflix spent $10B on content last year and with failed merger that gave a further boost of $2B, we may very well expect better content coming up but this takes time not something that'll happen in next 2 quarters. Overall there's a good reason for the stock to fall, but is it right time to buy - again market is weighted opinion of everyone, so I cant really comment but imagine this your two biggest rivals are teaming up but you have more arsenal to prepare to fight, so it's tough to make a call - in a sense current drop is reasonable and we shouldn't really expect big upside of say 20% in an year

Gullible_Ad3785

Oracle and the Paramount-WB deal are so doomed

ProcedureHopeful2944

Expect them to announce another acquisition deal (ie Lionsgate, Sony) once the Sky/WB deal goes through. Also ad revenue is surely creating good profits that show up next ER. Looks like I'm bag holding for a little while though

Anchises1

But investors punished netflix for wanting to buy WB

Status-Net2947

Hope you tards know that losing the WB deal fucked NFLX up forever

azn_cali_man

With the lawsuit from various states against the WB/Paramount, that merger deal may not go through. If so, then maybe Netflix can get the rare second bite of the Apple. Of course, that’s a pretty big “if” to even put any real notice towards.

Extreme_Lab_2961

They run a serious risk of that. Losing WB IP royally screwed them. Wheres the IP that’s going to attract eyeballs?

AggressiveReport5747

I love you for this, I sold my stock during the WB negotiations when I realized Netflix is becoming cable TV and has no idea on how monetize. I bought a ton today (at a lower price) on an impulse because it seemed priced right. I'm fucking stupid, should have recorded my earlier decision and stuck with it

petar_is_amazing

I bought \~$70 when WB failed, cashed out half when it got to $100. Rebought back in at the dip \~$74 and will rebuy tomorrow as I’m sure it will recover to $80 by Year End The golden age of Netflix is over though - HBO, Peacock, Prime have caught up and are just as sticky. Consumers are looking at 4-6 streaming subscriptions a month and cut one - if Netflix is the one cut even 10% of the time, it’s terrible for their future expectations. Absolutely 0 differentiation

scone_monster

Well, is that the breakup fee money from Paramount/WB deal?

scone_monster

Did the breakup fee from Paramount/WB hit this quarter? Was it 2 billion?

NervousChemistry7401

Now you know why NFLX needed the WB content. Nothing left in their tank now.

Extreme_Lab_2961

it is. Not getting WB kills their growth story, it’s a boring media company

crazy_akes

The problem is when bubbles pop everything sinks. People are leveraged like all hell to the megs caps so when we get inevitable recession/depression it will roller coaster hard up and down for years before settling down 20-70% from the peak and it’ll take a lot of patience to get there. Along the way people will be tempted to buy a dip and see it scream up 20% quick and pile I only or get ravaged again and again by trying to time the top.  It is a very difficult time which is why WB and those with patience just sit out. Taking less risky assets just means less upside when the balloon deflates it takes the world down though. For that reason I’m 10% speculative meme stocks 40% large caps and 50% mega cap. Rose the upside cash out at stop losses and buy in at a pre determined up amount. Can’t time the bottom and honestly if you aren’t willing to buy in during then expecting further downside you might as well stay fully invested, which would be what I’d advise most to do all along if I wasn’t so bearish myself. The biggest rising days and weeks are usually during bear market. So for me personally I’m just enjoying the rise while my “cash” is in assets that still appreciate. Even a HYSA at least will keep up around d inflation, worst thing you can do is just sit with your cash losing value. My personal view is we see a Great Recession within a month to two years that lasts a few years taking us to ‘08 type declines. Doesn’t mean I’m betting options on this. Just riding the wave cautiously and as things get stopped out they sit…it’s okay to see the cash pile grow for a bit. And I dive back in if it hits 20/30/40% from ATH and worst case I always have some sort of cash sitting sidelines till the end of time. I’m contrarian and I don’t have all the answers. That’s okay, neither does WB. My cash sitting out can still be pulled to pay off debt if 0% balance transfers go away during recession or if I want to start side hustles and in those ways it’s put to good use.

No_Cellist_578

when most people talk about WB they do say investor, not trader.

Easy-Rip-4588

The world is just wanting to know one question “what is Netlfix going to do / has been doing with the cash they retained from the WB deal”. If the answer is good then i think it will pump

Extreme_Lab_2961

Non bagholder counterpoint NFLX has a shit pipeline and run a real risk of alienating its user base with the ads and general fuckery They really needed the WB merger to continue the growth story

Jordangander

Or concerns that the merger will end the WB DEI practices that are destroying their shows after the announced end of DEI policies at Paramount.

elProtagonist

If Disney can buy Fox, then Paramount should be able to buy WB

fr_andres

Puts on vineland to hedge my WB fiasco

AnonBaca21

I own it and will probably add more into earnings at these levels. Apple and HBO are eating their lunch on prestige episodic domestically but no one can go toe to toe with Netflix’s international footprint. I think post Paramount merger you’re going to see some HBO executives jump ship to Netflix and elsewhere. And I do think the Paramount/WB experiment will ultimately fail in the long run as they’ll need to sell it for parts. So there is always the possibility of Netflix getting what they want in the end. This is a long game bet.

Ulysian_Thracs

I don't really have an opinion on the P/WB merger itself. WB needs to be bought out, and whether WB gets bought by Paramount or Netflix it creates the same anti-trust problem. The rest is just dirty pool, trying to manipulate which of two billionaires get to greenlight content based on their percieved polit biases.

desert_jim

That is a really good point regarding Disney and WB.

Ble_h

Or we get a infinite money glitch. Netflix tries to buy WB again, Paramount steps in and gives Netflix another 5 billion to piss off, they do, Paramount gets blocked again. Repeat.

LivelyPants

Exactly. Plus a lot of the bear case has already been priced in and further exasperated by Reed Hastings stepping down. When Netflix proves it can still make money and grow In spite of that (hopefully demonstrated with Q2 earnings and guidance) I believe the stock will correct. Additionally, problems with the Paramount/WB merger would also be a massive boon in terms of competition.

Ulysian_Thracs

This is something of a hail mary by Oregon. Paramount/WB has federal clearance. States can try to gum up the works, but there are serious Supremacy issues. P/WB will remove to federal court and go forward.

LivelyPants

Personally speaking, I’m very bullish on NFLX as their Q2 earnings come up and the PS/WB merger gets increasingly challenged

CalebVanPoneisen

Not buying WB was great for their stonk at first, but in the long term it could lead to their slow and painful death, especially with all the other streaming exclusive like Disney.

_AT198

Average down. NTFX failed aquisitions are not great, WB was a huge letdown and they didn’t pay up for ROKU, but they’re new strategy to produce higher quality films for traditional release could really work well with the advertising money they have. I bought LEAPs last week.

imustbegthequestion

Thank you. I guess calls on WB or Skydance or whatever. Ding ding, Time for my LOTR yearly binge watch. Gonna start with the Hobbits.

2yrnx1lc2zkp77kp

Common WB W

imustbegthequestion

Yikes. WB at it again. And 🥭 bought that 🤡🫠

ThinkingOfTheOldDays

The going theory from pundits is that the WB attempt and fail shows they are running out of organic growth opportunities. Probably some concern about AI expenses eventually too.  Media company multiples have been shrinking, and nflx is just another victim

Jeff__Skilling

Favorite WB quote (2011 letter to shareholders) on gold as a store of value over financial assets >Today the world's gold stock is about 170,000 metric tons. If all of this gold were melded together, it would form a cube of about 68 feet per side. (Picture it fitting comfortably within a baseball infield.) At $1,750 per ounce - gold's price as I write this - its value would be $9.6 trillion. Call this cube pile A. >Let's now create a pile B costing an equal amount. For that, we could buy all U.S. cropland (400 million acres with output of about $200 billion annually), plus 16 Exxon Mobils (the world's most profitable company, one earning more than $40 billion annually). After these purchases, we would have about $1 trillion left over for walking-around money (no sense feeling strapped after this buying binge). Can you imagine an investor with $9.6 trillion selecting pile A over pile B? >Beyond the staggering valuation given the existing stock of gold, current prices make today's annual production of gold command about $160 billion. Buyers - whether jewelry and industrial users, frightened individuals, or speculators - must continually absorb this additional supply to merely maintain an equilibrium at present prices. A century from now the 400 million acres of farmland will have produced staggering amounts of corn, wheat, cotton, and other crops - and will continue to produce that valuable bounty, whatever the currency may be. Exxon Mobil will probably have delivered trillions of dollars in dividends to its owners and will also hold assets worth many more trillions (and, remember, you get 16 Exxons). The 170,000 tons of gold will be unchanged in size and still incapable of producing anything. You can fondle the cube, but it will not respond. >Admittedly, when people a century from now are fearful, it's likely many will still rush to gold. I'm confident, however, that the $9.6 trillion current valuation of pile A will compound over the century at a rate far inferior to that achieved by pile B.

latunza

my 9- and 10-year-old kids ***ONLY watch*** Netflix. I pay for Disney Plus and they can't be bothered by the junk on that platform that caters to younger kids. There are a lot of kids around me between the ages of 8-12 and all of them watch either YouTube or Netflix. NO one watches Disney no matter I much I force it upon my kids. As a matter of fact they watch the PBS cartoons more then Disney. Both WB and Disney have lost their edge in the younger market.

tiberiusjax

Late 26-27 they will need to renegotiate tv/movie contracts. I would imagine at some point and time they may have to share that add revenue also. Also, add in K-Pop mistake by Sony companies might look at their properties differently. They should have sold their last baby to get WB. That was a house full of properties. Either way only time will tell. I just canceled my Netflix account and feel no need even for the ad tier. Maybe I just lied. I will add them back for what ever NFL games they will host, and then cancel them again. Lastly, my kids 15,11,9,and 4, don’t even watch Netflix. Hell, they don’t even watch any other subscription service. I say if they need to buy other network, or they need to buy Roblox. If one of those 2 things don’t happen. I’m not interested.

Fo16

they are still thinking about acquisitions other than the WB deal

patmccock86

Or WB\*, either way

BourbonSupreme

I actually agree with you. I did not mean that losing the bid was a net positive for NFLX as a company.   I meant that if you look at the stock price over the last year, losing the bid was the singular event that caused the biggest increase.  Other than that, the stock has been on a downward trend for the past year.   OP thinks the future is optimistic, doesn't understand why the stock is low, and thinks it will bounce back.  In my opinion, the company is kind of boring and struggling to maintain dominance.  Winning WB would have given them a lot more content that's better quality than what they're producing themselves 

Active-Loan2982

Classic trying to time the market for rookies 101. Ever heard when everyone else is being the most fearful (or greedy), you should be the most cautious (about following them)? WB bought into fears. Now all you can do is either sit on the sidelines and watch & FOMO until there actually is a dump, or get back in with no guaranteed if it'll dump the next day. If you pick the former, there's no guaranteed that the dump point at which you buy back in will be lower than the current level. It can +1000 from here before it -500, and that's still a net +500.

pegasusCK

If you don't mind long calls.... PSKY should be free. Calls need to be pushed out to August though. Paramount merging with WB.

SpongEWorTHiebOb

Not sure. Once the narrative on a growth stock turns they can crater. Look at some of the software stocks like Intuit. Still trades at a price to sales of 7.2x. They lost the Roku deal after losing on WB this raises pressure on them to make a deal. That pressure could cause them to overpay for a shitty company. FOX got ROKU for a fairly low price, the fact that NFLX would not not agree to go higher is really stunning.

tylikesports

So this was my exact thought process when it was at this price before the WB deal played out and i didnt sell when it popped up to $100+ after the deal was announced. Now im back down to my avg cost, and it appears to be dead money for the next couple quarters at least. Btw i sold some of my positions in MRVL and NBIS to do that move. So got completely double whammyed, should have just left those alone and waited on NFLX... live and learn they say

CalebVanPoneisen

NFLX should've bought WB

mapoftasmania

Alas it’s now worth almost the same as it was during the WB bid. Which is OP’s point. It’s probably 30% under valued.

BourbonSupreme

Best thing that happened to Netflix stock in the last 6 months is they lost the WB bid. I'm not seeing anything positive and I own NFLX LEAPS

Cav829

NFLX is more just in a downtrend that got kind of firmed up with one of the co-founders stepping aside at last earnings. Technicals are kind of miserable atm. I think people always had $68 circled as when they thought it was going to start finding support again, but then it got that huge bounce off the WB deal falling apart. But there was really no follow-through.

Skilledthunder

Lmao NFLX getting sold off because they lost a bidding war for Roku, After also getting sold off for losing the WB bid

Successful-Tea-5733

Are you truly asking "who are these people?" It's reddit. yeah, last year when we had the tarriffs people here said "I'm out." People said "invest international, everyone hates america" This year it was "Trump bombed Iran, it's Afghanistan 2.0." I don't understand why so many people here who don't like Trump can't just listen to warren buffett, also not a trump voter. WB makes it clear you can't bet against the US. If the US fails, nowhere is safe. I didn't vote for Biden but guess what, I didn't sell out when the market dropped -35% in 2022. I actually bought in because long term I'm going to triple my money.

unitymind42

🤍 I know. We can’t be part of the WB and not be 🤣

hinault81

I think the thing to do is keep your money in an index while you wait. For example, our invested money is in an index fund, and if I want to buy something I remove some money and buy it. So if I don't buy something I didn't really 'lose' as the money still continued with the market, I wasn't sitting on the sidelines waiting. Maybe the index growth was lower than that individual stock (or better), but money wasn't just sitting aside. Also, all of us have stocks we thought about buying, or did buy and sold too early. I sold MU at $500. But I don't spend any time thinking about it. But there's also a number I didn't buy that in time sucked. Lastly, bigger picture, I don't think there's any point in spending time dwelling on individual stocks you could've bought, but didn't. Like WB says, someone wins the lotto every day. But you don't need to worry about that, that doesn't concern you, and what they do doesn't impede you. What you should care about is the difference between what your actual returns are vs an index. VEQT is an index I buy as a Canadian, up 28% in the last year. That was the free square, that was the know-nothing, dumb money buy where zero research would've taken my investments up 28%. Knowing nothing about when to buy, etc. My wife doesn't know anything about investing (I've been trying for years!), I have to help her with buy orders still, and she puts about 0 thought into her investments each year, yet still, she enjoyed 28% on her money last year. She's not stressing about investing, or caring about soybean prices, she couldn't tell you what a dividend or etf even is, but the money is growing. Why does everyone insist on doing their investing on hard mode? If you're going to try and outsmart the index (and I'm not telling anyone not to buy individual stocks), in my case with my index I need to be up at least 28% with my stocks, or I'm doing something wrong. One year may be too short a span, but you get the idea. It doesn't matter if I in theory could've got another stock that's up 50% in the last year, or I know a guy who got 100% on some other stock, etc. You can play that game all day.

Slimmystacks

WB doesnt do options 👍🏻

Vlisa

There's a statistically non small chance big WB is dead before MU's next ER. He doesn't have a horizon.

FreshLiterature

He sorta has to considering the WB deal is secured with his Oracle stock. If the value of the stock falls enough then the deal can very probably be voided because it still hasn't been fully approved and closed.

anonnnnn462

All that money lost in the WB deal?

mark1forever

🤣🤣🤣 poor WB

51times

Yes it’s rejected as WB cited paramount’s offer as superior but Netflix offer looks better on paper (shared above) so wanted to understand is my understanding correct or is there more nuance involved.

Relative_Handle_2961

i sold mine at 97 after the WB deal fell through a few months back. Seems to have been returning to the mean since that spike. i suppose it could suddenly go up but the chart shows a pretty clear and consistent down trend since mid april

overitallofittoo

Losing the WB bid was the best outcome for them! Agree with everything else!

_AT198

they lost the WB Bid; there content sucks. I appreciate that they’re now making less movies and higher quality for traditional release, but that is easier said than done and there overseas expansion has slowed. This company historically raises subscription fee’s, the stock takes a hit and then rebounds. So we’ll see.

Valianne11111

Saying he is ass is a bit much but I always thought WB goes home at night and just giggles himself silly about how people think/thought he is just this regular guy who really does hate that his secretary pays a higher tax rate than him. Because someone who works in his industry would know how to structure compensation so she wouldn’t. Not to mention the 15 year fight he had with the IRS refusing to pay the taxes he owes and then after enough taxpayer money was wasted he said “well ok then”. I think he is a master manipulator and it doesn’t surprise me that he is a Doty descendant too. And I guarantee he has people who trade for him but he is never going to talk about that because then people will do it. And when they lose, they will sue him.Because he knows how stupid the general public is or was. His generation is the lead paint generation, the mental deficiency is real for a lot of them. Have a nice day

Valianne11111

Warren Buffet had the benefit of dad’s investment company and being part of the inner circle. Then time in the market and having an advantage of buying at distressed times. He completely missed the tech revolution despite being buds with the main guy of the 70s. I think I would definitely rather be Bill Gates or NVDA guy than WB.

cantdriveforshit444

Thanks WB

DrummerCompetitive20

Did Netflix get the WB acquiitsition again? Why are they crashing

octopus_serenader

LION? PSKY? WB? wha?

Ordinary-Smile-654

https://preview.redd.it/fgtb0smaab4h1.jpeg?width=1520&format=pjpg&auto=webp&s=0bc74e682d62807536d411e1388bdde7a286d0e1 You don’t argue with WB

Avocadonot

They'll wait until WB kicks it before doing that

Domgrath42

Why didn't you sell at the WB sale bullshit pump? NFLX was always going to go down

Skilledthunder

NFLX really got punished for trying to buy WB. "Oh, you wanted to buy WB? Neat, here's a permanent 10% discount on your market cap just for looking at it."

Peimai

Why would Netflix buy imax its counterintuitive to what they do as a business. This makes much more sense for Disney or Paramount-WB.

zxc123zxc123

1. [Over 50% of stocks under perform bonds.](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2900447) 2. [4% of stocks account for the majority of the market's gains.](https://www.sciencedirect.com/science/article/abs/pii/S0304405X18301521) It's skewed by a few things though. Loser stocks die and get recorded as losers. Winning stocks either: stay winning, become losers, or go through M&A/Privatized. Winners keep winning while losers keep losing. This creates this bias. Even if we account for that skew, OP is minimizing the risk while trivializing how difficult it would be to win at stock picking like Warren Buffet or insiders. That's like picking out the few winners in WSB like u/deepfuckingvalue , u/analfarmer2m , Intel Nana, or the few survivors and then conclude that investing with WSB (rather than inversing it) is a good idea. I would disregard OP since they skew toward [stupid.](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjXag_eP3YV4bGCLGT-7OqM_S7XHFLnHMPwFSs3sKn7hVYTByamNDsK0rjY1CgYvXDfO7HayqLHb8CtbRjMDuj1MymDjVE2bWKH_WQ7vKuA_N25WNHSWao6IcLOuxU80dVsYXPb3tW6Tfzl/s1600/axis_4.png) They are the type WB/CM warn about. The 90IQ guys who think they are 120IQ.

VikingBoglehead

Having been in the market for 30 years and followed WB for almost as long, I think it is fair to say that he is not an advocate of timing the market. He is always invested, however he bides his time for making new investments. BRK is continuously accumulating cash, and as a good value investor, he waits until he finds the right investment at the right price.

Sufficient_Nose629

That POS gave me a 50k haircut the other day, thinking it was going to have a stellar earnings report. That is on me for not doing my DD better (CEO retiring, WB deal lost, hiking their prices). Never again.

Apart_Olive_3539

Underrated WB comment.

fake212121

WB always chased the undervalued, low PE compaies and Berkshire became one; pe -14 !

medhat20005

He's long said that finding values in the current milieu has been difficult, hence the large cash reserves. A correction would provide likely the opportunity to buy things BH has been eying, only cheaper. WB has also said repeatedly that a poor company but a good value is still a bad investment, preferring well-run companies as a fair price. Ultimately though, despite the history of bon mots that investors cling to like the Gospel, BH's performance this past decade was in huge part based on their significant stake in Apple. The other performance was simply rounding errors.

PutinBoomedMe

The guy who whimpered out of his executive role with $350B+ in cash on the sideline? I'm a WB lover like the rest of you, but he really broke his own rules at the end He could have done a stock repurchase and made hundreds of billions. Love the guy, but he was indecisive at the end

allisondbl

First of all to be clear Warren Buffett is RETIRED. Greg Abel runs the company. He’s been trained by Buffett for many many years. Do I think Buffett is still involved sure, but we need to think about that. In addition he owns massive amounts of Apple BUT that was bought by one of the Teds or a Greg, because as Warren has said repeatedly he doesn’t buy companies he doesn’t understand and Apple/Tech was something that he didn’t understand. But that’s the point: being WB, he’s smart enough to hire people younger than himself who do understand and to listen to their advice which is why BH owns so much Apple and it’s doing well. But Abel is doing exactly what Buffett trained him to do which is a fair company AT a A FAIR PRICE. The money is sitting there so that when he sees a company come along that he thinks is the next wave and is undervalued that he can buy at a great price it’s there to be deployed.

mrpeeng

It might have been subsidized and the lower license fees. Take for example Friends, Netflix paid 30m/yr before WB said fk u, its 100m/yr now.

Butthole_Slurpers

FYI- This is comment is built purely on conjecture, speculation, raw assumptions and outright guesses. But, the $4 billion debt is still held in cash and is 0% interest raised for this exact purpose . GameStop is still trading in the $25-26 range post stock split (so comparable to $100 a share vs. $4 a share when the whole GME saga started). It really depends on how the deal is structured but it sounds more like a merger than an acquisition. GameStop's debt would come mostly from the TD loan of $20 billion but would be would be mitigated from the new market cap and increase in EPS. The deal is not lucrative when you compare it even to the Paramount (who has a similar market cap) purchase of WB with both companies already holding 40 billion in debt before the merger even takes place. The deal would be 28 billion plus 28 billion in stock. That leaves GameStop with $1 billion net cash flow. Take into consideration Ryan Cohen owns 5% of eBay now - acting as a $3 billion equity rebate from the stock portion. We don't know the stock exchange rate but we do know it would be a 40/60 equity split with eBay shareholders (95% institutionally owned) owning 60% of the new issuance. This process usually triggers a stock recall where all shares from both companies are surrendered then reissued, which is a concern for over leveraged private equity which is assumed to hold 15-54% short positions by even mainstream analyst (look at overstock and Volkswagen). If we assume they reissue the current outstanding stock between both companies of about 990 million that means the new price per share would be roughly $60 a share based on new market cap with the assumption of zero synergies calculated. GameStop would only need it to be $42 to meet the $25 billion equity requirement for the 594,000,000 (60%) shares owed.

paper_cutx

I am the same way and it’s because Webull has a solid chart platform that allows customization whereas RH legend is years but solid in options order execution. I like to execute on RH but chart on WB. WBs app is unfortunately too messy for me.x

tonydigital24

Mostly bought. You have to look at multiple things to get an idea (can't be 100% sure): 1. Look at sales to determine they were traded on the Bid (sold to open or close) or Ask (bought) 2. Look at the Implied Volatility (IV). If IV increases it's likely a buy. I say likely because increase in IV can be attributed by multiple factors 3. Common sense - The company just reported Earnings creating a stock jump of 6% and closed at $29. Not even us degens on WB would sell-to-open 1,800 Calls with 1 week left till expiration. OI was 422 so most of the 1,800 was a new position.

xxaripss

This bubble has been all tech and WB doesnt buy tech

IntradayGuy

https://preview.redd.it/ef5e0fse8ezg1.png?width=110&format=png&auto=webp&s=7e5d56234788c93719db8801cce5536f5b2c6f50 doesnt help my 30k loss from netflix like a dumbass recently...... let's buy WB!! lets have the CEO step down @ earnings!!

CalebVanPoneisen

Should’ve bought WB.

Already-Price-Tin

> I have no idea what Paramount is buying that can somehow offset the fact that they are basically borrowing 10X their value. Larry Ellison is buying influence by putting up $78 billion of the financing with the implicit promise to make CNN and HBO more Trump friendly, the way they did with CBS News. They're not buying WB as a business, they're buying it as an influence operation. See also Bezos with the Washington Post.

ABCifyoulikeRoblox

GME gonna pump when this "deal" gets called off...similar to Netflix when WB deal fell through. Look for all the shady trading going on around that time.

Jeff__Skilling

"everyone has a plan until they get punched in the face" \-WB

bkcarp00

I mean Paramount is a 10 billion dollar company buying WB for 110 billion. If someone is willing to give them debt to buy things it's very possible to happen.

treesandcigarettes

if this happened it would be a Discovery purchasing WB thing again, where the.company doing the buying *cannot* afford it and it results in a new company with terrible financials and massive debt. this would not be good

chiswis

same way how Paramount bought WB

EngRookie

so paramount got money from outside investors to finance the deal... Paramount still has to pay that money back, it isn't free money. they will use profits from WB and potential sale of assets to pay back the loans, i.e. a leveraged buyout. (fyi ~$49B of that deal is financed by a group of banks) So again how is this any different from what gamestop would be doing? as others have pointed out Cohen could just do exactly what he did with Gamestop, silently aquire enough shares to direct the board, oust members, instill himself, then get voted to be CEO. Which from all the chatter points to that gamestop *has* been quietly aquiring shares. do i honestly think gamestop will buy ebay though? probably not, these could all just be rumors to drive momentum and raise more capital through share offerings. but are the mechanics there for a deal to actually happen? yes.

mediterranean2

Big players started selling NFLX last year because they didn’t want WB deal.  Netflix failed to impress previous investors.  Now they are trying to seduce them by announcing share buybacks twice.  Since share price is artificially kept low (under 100) I predict sudden increase of at least 5-10% from here.  Holding multiple call spreads.

Not-Reformed

> then how did paramount (a $12B market cap company) bid WB for $110B? > > Because Paramount didn't really buy it? They're just the control vehicle. Really it was acquired by a group of investors (Saudis, Ellison, etc.)

EngRookie

then how did paramount (a $12B market cap company) bid WB for $110B? Last i checked paramount has been losing money the past 2 quarters and no one is buying their subscription plan.