WB

Several_Direction599

WB acquisition to go through

Big_Jelly3027

Psky all day lol. merger with WB coming

Capster675

WB was buying controlling stakes or stakes bringing influence (eg. for Board seats), not gambling.

Successful-Tea-5733

Your post was way too long. Fact is AI doesn't hold an advantage here that doesn't already exist. We can already collect data and use it to analyze which companies to invest in. It still doesn't work. Even WB has said this is why they don't invest in more stocks, the advantages they used to have in analyzing Q4's are gone, everyone can analyze everything in seconds. It has been this way for awhile now. Stock picking can lead to 50% gains; it can lead to 50% losses. Stocks don't move purely based on data.

JustReadingP0st

Was they durable? How much they have to spend in keeping those earning going. Who was there consumer? Do they had competition?  I know for this specific example these questions are meaning less, but just in WB context, that how some longterm investment should be viewed and if that durability is lost, WB himself says to sell that stock 

JustReadingP0st

Durability. WB says forever hold for durable company. Was East India durable? That's the question

Guilty_Ad_8433

"Bleed, bitch, bleeeeeed" -WB

Electrical_Panda_326

It's true, BRK used to be amazing but it clearly seems like even such legends like WB don't really understand today's sick market and BRK is losing it's charm. We've got to remember that WB was building BRK in a totally different world, today whenever a problem occurs, central banks just print money to cover it. Old rules don't apply anymore, at least for now.

CollegeSorry5923

Cabbage Canada should just name the highest citadel TrumpSBANE... Boom.. Open it to NATO ex-Trump. Commit to defending the UN. Have construction underwriter be the WB. Bank with IMF. Create free universal Healthcare with WHO. House the ICC UN AND EVACUATE SWIZZA BEFORE THE VARIOUS CAROLS CALIPHS AND CATHOLICS COME WITH CALIPERS TO COUNT OUR GHOUL GOLD. You really thought some of you could scizzzzz and shed would let you get away with it. SUIZZA=/=SUI. DUI=HVC=CC=BCH. SORRY BUT SHORT BCH TO THE GROUND. I ALREADY GOT LIQUIDATED 😂😂😂🥭🤣🤣🤣🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤌🏿🤡🫡

jeff8073x

California AG seems to care more about the Paramount WB merger.

domaxelross

''Expire worthless'' - WB

CleanCat90

See I'm glad I chose you to respond too, because I didn't even consider that. But yes absolutely, if the approval goes through 6 months late, the companies merge, and Para owes WB 100s of millions. As there's no quantifiable damage there, I would like to think that would never hold up.

TheSleepyTruth

Yeah I just had an interesting realization... if the lawsuit has no merit and the roadblock is cleared for the merger to go through, then the "ticking fee" paramount owes to warner bros becomes meaningless, because warner bros becomes a subsidiary of paramount in the merger. So Paramount is basically paying its own subsidiary the fee, the money just goes in a circle and comes right back to them. So the government paying the ticking fee just ends up as straight profit in Paramount's pocket, which seems... questionable. The ticking fee only has consequence if the merger is blocked and WB stays a separate entity, in which case they are owed a fat payday from Paramount. If one thing is clear it seems like WB shareholders come out on top whether Paramount wins or loses the lawsuit.

confusing_roundabout

I watch multiple Apple and HBO shows a year though, and HBO getting new WB movies shortly after release is far more significant than the stream of terrible Netflix movies that get added.

MountainDivide

I’m sure Bibi is screaming at him to drop a nuke. 🤢All of this nonsense because Israel refuses to stop terrorizing Lebanon and Gaza+WB. Why do we allow such petulance? 🙄 Evidently, they couldn’t care less about how their selfish actions will impact the global economy. 🤮🤬💔 It’s so hard to watch.

Ok-Parfait-9856

They also have tons of debt from the WB deal. Their debt is bigger than their market cap. The only thing saving them is Ellison leading them, since he’s in bed with Epstein klan. Otherwise they’d be bankrupt by now.

Ok-Parfait-9856

Their debt is like 5x their market cap after buying WB. I don’t see how it ends well

sadferret123

Just shows you how much everything changed. It changed to the point that WB didn't know how to play in his environment anymore. But these old geezers are usually more than happy to lecture others about how to live and make money, completely unaware that almost all of their knowledge that made them money is completely out of date.

tripping_on_phonics

As WB once said, “Go big or go home.”

Vlisa

It's more so I think people would have a better grasp of themselves what their actual limits are. I only do shares/leaps. I'm beating SPY handedly but still down 33% from ATH. Does it make me a better investor? No, but I at least feel confident in my boundaries and my limits, at least compared to the common WSB'er. As much as we make the joke where some hits it big and considers themselves the next WB, it does happen a lot. I think someone making a gamble and chewing through 5% of their account might teach people to be a little more humble and maybe a little less likely to panic sell when they are in the red.

BlackPlasmaX

Boomer companies run by boomer people and a ceo from the parks division thinking hes now a tech guy because he pitched the partnership with epic games. When have you last seen disney last grow something organically targeted towards boys and men without buying something over a billion dollars? And then see something like star wars run into the ground with cheap spinoffs? They are a bloated legacy company imo, anyone who buys into disney is destined to lose money on opportunity cost. Its the same price it was like 10 years ago lmao. Gaming IP and interactive worlds are the future, Disney has shown to be completely incompetent in that department . They fired game developers only for WB to snatch that talent up and have them create Hogwarts legacy, one of the best selling games that year.

New_Essay5327

I bought a bit when people got skittish before the WB negotiations, held as it rode up $30, and continued to hold until it has now plummeted below my entry point. It's a good lesson for me, I actually hate Netflix and would never subscribe myself anymore, so I'm going to steer clear of companies that I actively dislike. I dislike them for a reason, and so do other people.

ThatUsrnameIsAlready

I can't remember the last time I saw a Netflix intro. Failed bid for WB. No new own content. Unpredictable catalogue, which varies globally. Heck, I remember when they launched in my country and couldn't play their own shows because they'd already licensed them to someone else. Same geo-locking licensing nonsense that makes every other American network irrelevant. And their UI was always terrible. Sounds like it's gotten worse and ad filled?

Z0m3le1

Paramount buying WB/HBO is probably the biggest reason. 

fourfastfoxes

just have to watch your tax bracket and do the math. if this is your only income, married you can make slightly over $200k and still be in the 22% bracket. $400k for 24% bracket. so really just have to make sure your total income + gains is less than 400k /year -- $7700 a week at 52 weeks is 400k -- so banking $5-7k a week in gains keeps you safely in the 24% bracket. sure, thats still more taxes you have to account for vs the 15% it would be under long term, but thats a strategic decision about leveraging wins to grow your pool. pay the short term gains once, then put it into boring dividend paying stuff / government bonds and sit and collect interest like WB

jawstrock

Oh I thought it was something else he put collateral for in addition to WB. Between the Saudis issues with oil and Ellison that financing agreement is looking pretty fucking shaky.

jawstrock

He's also put up 40B for WB as well.

WideCoconut2230

Ad Rev growth rapid growth estimates of $3B, so thats a good way to generate more money beyond hiking sub fees. The company is still at double digit growth, but it's slowing. WS is acknowledging it's not rapid growth phase anymore. Failed WB deal, but got $2.8B breakup fee. Could be an interesting entry point, but wait a while longer.

DayThen6150

They needed the WB content to stay sharp, they got screwed by the merger falling through. Now they’re a growth company reliant on keeping hits coming to maintain their business.

SpecialTrust2045

Looks like monke instead of WB

Libertines18

Ads, competing with YouTube, and failing to buy WB all really hurt them

Gmonkey-

They were overvalued. Also, they don’t have any good IP unlike Disney, WB, Paramount

RockmanMike

Churn; once they kill off popular shows people cancel their subscription. Same with Disney+. That's kinda why they wanted to buy WB--not only do they have content, but can make money with theatrical, because theatrical makes the big dollars.

Five-Oh-Vicryl

Netflix even got a payout after WB walked away from their deal. And now WB shareholders get $650M each quarter the sale stalls.

pennquaker18

him dying is still a negative catalyst I think. maybe I'm wrong if the market tanks then this will outperform, but it will still be down, and I don't think they'll get as much benefit of the doubt now that WB isn't calling shots

Pygmy_Nuthatch

They'll make a deal to take CNN for Trump in exchange for multiple bailouts. Netflix will end up with WB.

Gullible_Ad3785

Glad I am not a Paramount/Oracle shareholder. Those two look about cooked. WB is getting $650 million a quarter every quarter it's delayed.  Then they can just see if Netflix or Comcast want to give it another go.  

jpersons73

Good, Lets Netflix come in and scalp the parts they wanted in the WB deal all while watching Paramount fold like a cheap suit...funny thing will be when Netflix use the money that was paid to them to walk away from the WB deal to buy parts of Paramount

Shadow88882

Netflix playing endgame and will now buy both Paramount and WB.

Waluigi_Jr

I’ve considered selling. They’ve been destroying IP value with Star Wars and Marvell fandoms aging and diminishing. ESPN sucks. I can growth in the parks as in person experiences regain popularity due to digital exhaustion. Also they’re in a sweet spot price point to keep attracting the upper middle class & lower rich. Was really hoping Netflix could have bought WB, financials be damned, cause I loved the idea of owning that IP with their distribution both as an investor and consumer. Just rambling here so I’ll wrap it up by saying I get it, but I’m gonna hold a bit longer.

WrexyWrex

WB go down down down down

295DVRKSS

Ted did the ultimate jiu jitsu move for Netflix by inflating the stock price for WB. Wonder what the ellisons are gonna pull to try getting it done

Jordangander

This case has the potential to be huge. The main point of blocking the merger is because it will give Paramount/WB a 27% share of major movie release production and they are claiming this violates anti-trust laws. Disney currently has a 28% share. So if they succeed in blocking the merger it could put Disney in the crossbar of anti-trust lawsuits.

Triplestacked99

Imagine if Netflix in the end buys WB for anything under 2.8 billion. It would be like what Dave Portnoy did when he bought Barstool Sports back from Penn Entertainment for $1 in August 2023, after Penn Entertainment had previously acquired the company for $551 million. Even if it doesn't turn out like that but let's say WB goes up for sale. Paramount paid some of that for Netflix.

blufin

Paramount is screwed without the WB merger. Its movie Studio is tiny and doesn’t produce any massive hits. I think they’ve only had 1 release make more than a billion I the last decade. Their streaming service is too small to survive by itself. The linear channels are dying a slow death. And they don’t have the money to compete with Netflix, Disney, Amazon or Apple for sports rights, content or talent. If the WB merger falls through they might have a chance merging with Universal after the Comcast demerger. I think Universal realises it needs scale as well to compete against the big guns, but it may need to ditch linear from the deal.

The_Black_Adder_

I think all of these are valid except the ticking fee worry. If you annualize it it’s between 3 and 4% interest. It’s not very material in the context of financing a transaction of this size. It might even lower the cost in real terms if WB has a decent quarter

KennyPowerz123

Buyback stock when WB eventually passes and his shares get transferred to foundations that will want to eventually reduce exposure to single name.

RockmanMike

Still not enough to cover the Paramount debt load to to buy WB. Ellison needs to back off already.

ComfortableOdd8923

shud cover the 7 billion he has to pay WB when tht deal goes in the shitter

ositola

Netflix saw Paramount load up on debt to get the deal done and saw they can get paramount and WB for 40 cents on the dollar in 27 Incredible 

huntforhire

They have such tremendous assets and everything they do seems to waste them. WB is just more material for the incinerator.

JudgeCheezels

So NFLX swoops in to buy PSKY as a penny stock, then buys WB out. Leaps on NFLX?

Cloudyman13

I very much agree with the sentiment. However, in this case, this could be bad for the Ellisons. Oracle stock isn't doing well, and between this and the WB takeover, Ellison has leveraged about 30% of his net worth. If this ends up being a swing and a miss, it could be really bad for him.

Agreeable_Factor_458

WB Paramount deal is an absolute shit show, they should have stuck with the Netflix deal.

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.