WBD

OverdosedOnViagra

Here’s a few and my returns this year: WBD 240%, HUT 223%, GOOG 101%, DOCN 65%, RIOT 70%, SOFI 150-200% ish, MU 300%, and a bunch more haha

smolquacc

I was considering it but I feel like there’s better places to put that money. Earnings and/or WBD deal falling apart can send it back to the $100+ range but it can also just consolidate for a bit.

FragrantImportancee

The WBD rally surged from +22% to +112%, utterly insane. Rolling profits into VTI was the smart move to lock in gains. When you buy a stock everyone despises, people call you crazy; but when it soars, they pretend they saw it coming. Rebounding from a 40% drawdown to finish at a yearly high is no small feat. Enjoy this victory, you've earned it.

Own-Philosophy-3986

!banbet WBD 30.5 3d

Goody2Shoes92

Trump will block the WBD purchase

Zoo12345678

Basically counting on WBD to save my port. Come on Ellison, quit being stingy and up your bid. I need a W

jpw0015

WBD has been doing good and looks to go up significantly thanks to the Paramount and Netflix bidding war.

WinstonSalemSmith

Large gains, mainly CRWD RNMBY WBD some ETFs. I would have made much more had I not panic sold GOOGL and some others in April. Next year I expect more merger activity, gains from precious metals and AI so I am in GLD SLV NBIS. Boring ETFs like XLU will also do OK. Oil will fluctuate as always.

ShadowLiberal

This. The only foreign investments I know of are things like the Saudi's buying up EA (which has understandably met with massive backlash, especially in communities like the sims which are very LGBTQ inclusive and full of lots of women. The game isn't allowed to be sold in Saudi Arabia because of the LGBTQ content, and yet the Saudi's will soon own it). The Saudi's are also part of the Paramount deal that they're trying to push through to buy up WBD, which is also rather problematic for a ton of people. I personally don't like any foreign investment that involves buying out already established American assets, and I don't think that it should be viewed as investing in America. But I'm sure that politicians bragging about their accomplishments in later years will count money spent on these acquisitions as money invested in America in the future.

Own-Philosophy-3986

Need WBD to go up

stockjocky

i hate to say it, buy my wife insisted on Gold and Silver Options. she had gotten the bug in 2024 when she had me purchase DWAC(DJT) and RUM calls. she witnessed the Leverage she had and made a lot of profit off those Calls. in 2025 besides gold and silver she has BW,WBD and RUM calls. soon (after jan1st) more DJT calls. she listens to alot of political stuff (podcasts) and i never ask her about it. my portfolio sucks, while hers is up 700% Ytd on schwab. when she gets another itch to buy i will let you know.....

Own-Philosophy-3986

any hope for my 1/2/26 WBD $30 calls?

MasterDebator691269

I totally agree with you. I actually don’t think OP should be buying calls on NFLX whether they’re ITM, ATM or OTM. I just meant OTM call options will generate a higher return if NFLX goes up from here, which it won’t because of all the arbitrageurs pushing it because of the WBD deal. So I think TTD, which actually partners with NFLX, is the best stock to buy right now and will be the best performing S&P stock next year. I bought 850 shares at $37.62 on Wednesday and a bunch of different options for about $15k in total. I’d go with the $52.5 Strike calls expiring on 3/20/26 for the safest bang for your buck and then sell or exercise them after earnings, which typically come out in late February for TTD. I have $5k worth of these calls that I bought yesterday. Hope this all helps!

MasterDebator691269

What big announcements? It’s going to take a year for the WBD deal to close, and NFLX will probably fall once it does. The Jake Paul fight, Stranger Things finale, and recent Thursday Night football games won’t be priced into the stock until the earnings call which is a ways away

Fit-Stress3300

Wait! 1.5-2.0 trillion? It was 1.2 a couple of weeks ago, and 800 bi earlier the year. Also, Paramount Skydance has a market cap of 15 billion and is trying to buy WBD for 100 billion. So, technically Tesla, or xAI or SpaceX can buy pieces of each other with leverage and issuing shares.

apurimac777

Man I was so pissed off WBD wasn't under the tree this year I asked daddy if we could sue Santa and he said yes! 😃 *David Ellison*

trader_dennis

I think Netflix can be happy with a 2.8 billion dollar breakup fee if WBD goes to another bidder.

LowDownTrebleSeeker

They'll hold. The WBD wants to sell to them and will recommend to shareholders to approve. I can't see Paramount shareholders being happy with them offering more.

callmecrude

Most acquisitions are done at a premium, so in the short term shareholders are almost always going to be against them. $WBD is up nearly 200% in the past year from competitors basically bidding up their price. They aren’t worth $70B+ as a standalone company and it will take MANY years for anyone to recoup the full value from this acquisition. As a Netflix shareholder, I think they’re probably in the best position to milk all the WBD IP and make money back the fastest. I hope they win, but ideally without upping their bid and essentially just setting more money on fire.

Own-Philosophy-3986

WBD

Dumbest_Degenerate

META or NFLX. Meta sold off on AI concerns but core business intact and has the best use cases for AI that they are easily able to monetize. Netflix sold off on WBD but it’s a good acquisition. People are assuming the usual media M&A destruction. ad business should only continue to grow.

Inevitable_Pin7755

I think the oversold argument makes sense short term, but the bigger question is whether the growth story is still there. A lot of the drop wasn’t just noise, it was the market reassessing how much Netflix can realistically grow now that streaming is saturated and competition is everywhere. At these levels it can look cheap compared to its history, but it’s cheap for a reason. Earnings could give a bounce if subs or guidance surprise on the upside, but that feels more like a trade than a long term thesis. The WBD situation and other headlines matter, but what really moves this stock now is subscriber growth, pricing power, and margins. If those don’t clearly reaccelerate, it can stay “cheap” for a long time. Personally I wouldn’t try to call the exact bottom. If you believe Netflix can still grow steadily over the next few years, scaling in makes more sense than going all in. If you’re just betting on a bounce, you’re basically trading sentiment around earnings, which can go either way fast.

Own-Philosophy-3986

WBD

Wealthy-investor

That’s not what the data and Netflix constsnt earnings shows. People have been saying this for years lmfao.There are only few real competitor like most industries.Imagine with WBD they will have even stronger unique content.

hollow_bridge

as an investment i'm holding my netflix stock and expect it to continue going up. I like the WBD deal. And the brazil issue doesn't seem significant. My bigger issue is the recent UI design removing categories, it's far more difficult to find the type of content i want to browse to find shows interest to me. I don't know who pushed this idea, but they should be fired.

maximalsimplicity

I think Netflix is in it just to stop Paramount from getting it. If you read the SEC filing on the deal, it was the very same day that rumours emerged about PSKY buying WBD that Netflix came in with an offer. With that amount of leverage, PSKY will probably blow up. $108bn (assuming they don’t increase it) on $15bn market cap can’t end well. On the bright side, Netflix gets about $2bn (ish, I think) as a break-up fee from WBD if the deal doesn’t go through, so the company stands to gain in any case.

SocratesDaSophist

It is oversold. But if it clinches WBD I don't expect the stock to move much as it gets regulatory approval and integrates the new company. So you are looking at 2 to 3 years of doing nothing.

Reasonable-Owl-232

Live sport Gaming WBD has game studios, and Netflix can run the games on their own hardware and stream to the TV screen. Netflix will put the likes of Playstation and Nintendo out of business of selling consoles

Odd_Helicopter_7545

Idk if Netflix will get WBD. It’s too important for paramount so the Ellison family will up their takeover bid to $35 a share and Netflix will bail. Paramount/WBD would be a serious competitor to Netflix, especially with the Netflix model being quantity over quality

leomeng

I honestly don’t care about skin color. I just want to interact or see people that are unique personalities. For me bourdain was a monster personality. When I was a teen I started watching food tv and following Iron Chef. Then I saw the link up of culture and food and how you can travel based on having an open palette. For me that opens the world up. Jordan isn’t a social figure but Kobe was a link between young and old. Robin williams was a creative genius. I also loved Don Rickles but that’s an older gen. All of those people were a IDGAF attitude that wasn’t offensive but was inspirational. That’s why I’m very against billionaires and things like PSKY trying to buy WBD. It’s just uber rich people trying to force you to consume what they tell you to consume (it’s why I refuse to use Facebook or TikTok ). I’m middle aged and I’m probably in the top 10% domestically. I’m hitting the point where I have my own $$ and can do my own things but also don’t want my kid to get sucked into brain rot that is being pushed on us

WinstonSalemSmith

Agree. If you can make rational decisions picking stocks and sector ETFs will allow you to outperform and outpace inflation. If you study the current US administration you can identify patterns to its behavior and profit. You can study other issues, like increasing debt issuance and make decisions about the precious metals and commodities market. You can also not do these things and live a rather comfortable life, though I will say that purchasing RNMBY and CRWD in 2024 and WBD this year has made my life easier. So I think that if you are alive to the world it is rational to make investment decisions based on this knowledge. However, if you don't pay attention to this sort of stuff, it is better not too start as it is a rather steep learning curve and the type of curiosity it involves could be innate.

stockjocky

i don't discuss her podcasts or where she gets these investing ideas. i was told to mind the store and buy options when told. i cannot even discuss closing positions. she will not sell her WBD position she opened when she found out paramount was a bidder. she hates paramount. and i only opened a short term call March 2026 ($21call). she is up 211% and still holding. now i am wondering about 2026. will the gold and silver miners have crazy earnings when earnings season starts. the gold and silver hasn't shown any reason not to go higher, and all her Calls will be rolled to 2027

Zoo12345678

Calls on WBD

PlayerPlayer69

Netflix is giving WBD 80% of what Paramount is giving, except Netflix is leaving WBD enough cake to start their own platform and continue making money. Paramount wants the whole cake. No leftovers.

AbbreviationsThis391

Market fears a bidding war. WBD shareholders expecting a $33 PSKY bid. Fear on wallst is that NFLX might match or go higher. I work as an analyst, that’s what I hear from investors.

DONNIENARC0

Not only that, they get paid out: > If Warner Bros. Discovery (WBD) backs out of its acquisition agreement with Netflix, it would be required to pay Netflix a reverse breakup fee of $2.8 billion

Spins13

If they were buying WBD stock on the hope of a sale, the shareholders probably are regarded

Separate_Fold5168

If NFLX doesn't soar the day WBD backs out I'm gonna flippin lose it.

cgfn

This is actually a pussy move by Larry. He’s backstopping like half the deal instead of the whole deal. WBD will still reject if the trust if Larry can’t be plugged for specific performance in whole. Larry just jerkin off and wasting everyone’s time at this point

TeamConsistent5240

You are right, the net debt should be included as well. Doesn’t change the pro forma earnings much though. In 3 years, they will have been able to pay down net debt, merge platforms, and reprice. Netflix had a ton of debt and a BB- minus in 2019 as well.. it’s the same old story with Netflix. It all comes down to pricing capacity, execution, and competition. I personally think Netflix can get up to ~$40 account in today’s dollars with WBD in North America.

SummerOfAnge

if the govt/rw takeover of cbs/cbsnews reality this weekend & instant illegitimacy/reputational fallout doesn't seal the deal against WBD shareholders' approving psky/ellison sr.'s taco-bootlicking hostile takeover gambit....idek cronkite rolling in his grave fr

PatientBaker7172

Total New Debt: Netflix plans to take on approximately $50 billion of new debt financing. Assumed Debt: It will also assume about $10.7 billion of existing net debt from WBD. Leverage at Close: The pro forma net leverage ratio (net debt to EBITDA) is estimated to be around 3.0x at closing Timeline: The company aims to deleverage to target levels within two years of the deal's closing. I prefer to stay away from such large debt during current cycle.

soleobjective

There’s more to why Ellison wants WBD so badly.

captain_ahabb

WBD is a very distressed asset

No_Assistance5652

They have to pay NFLX 2.8 bil. It's win-win for Netflix. Ellison guaranteeing it with 5.6 Bil if he breaks the contract. Taking Ellison bid is retarded tho for WBD.

moutonbleu

Do both! Hold DIS and buy NFLX. As a fellow $DIS it's been brutal but I believe! It's one of Barrons top 2026 picks. I'm a believer in Comcast/Universal too, and will open a position in NFLX in the new year after I sell the rest of my WBD stock. >[https://www.barrons.com/articles/best-stocks-buy-2026-amazon-exxon-disney-439f8e78](https://www.barrons.com/articles/best-stocks-buy-2026-amazon-exxon-disney-439f8e78) While [Netflix](https://www.barrons.com/market-data/stocks/nflx?mod=article_chiclet) and [Paramount Skydance](https://www.barrons.com/market-data/stocks/psky?mod=article_chiclet) are prepared [to pay a stiff price](https://www.barrons.com/articles/paramount-letter-warner-bros-shareholders-superior-aa479f33?mod=article_inline) for Warner’s movie, TV and streaming business, Disney shares languish despite controlling some of the industry’s best assets. >Disney stock, at around $107, was hit after its September-quarter results due to a disappointing experiences segment, which is dominated by Disney World and other parks. The profit outlook, however, looks better, with Disney projecting double-digit earnings growth in the 2026 and 2027 fiscal years, helped by its cruise ship expansion. >The stock is valued at 16 times projected earnings in the fiscal year ending in September. That’s too cheap given its “valuable intellectual property and durable demand,” according to Wolfe Research analyst Peter Supino, who has a price target of $133. >What’s more, Disney has similar total earnings as Netflix, but only half the market value. With Netflix potentially becoming more of a traditional media company if it buys Warner, why buy Netflix at double the valuation to Disney? >Don’t overlook CEO Bob Iger, who is due to retire at the end of 2026 after his second tour as Disney’s leader. He likely wants to go out on a high note—and that’s bullish for the stock.

Arabian_Goggles_

I started a Netflix position recently for the same reasons. Only thing I would add is that it likely trades sideways for a year or two before the whole WBD thing gets figured out.

softboiledjadepotato

This ORCL, WBD, NFLX lovers/quarrels triangle got me tired boss

Affectionate-Day2743

people are worried that NFLX is now going to bid *even more* for WBD

NonimiJewelry

I remember calling out this play on here and my post being removed and called a moron. This WBD calls went to $16,000+

Medical-Shoulder-337

Larry just teabagged Netfix right in front of WBD

feralraindrop

One argument for a Netflix acquisition is that it isn't buying Warner Bros. Discovery's (WBD) traditional linear cable channels, including CNN, TNT, TBS, TruTV, and Cartoon Network while Paramount wants everything, just mentioning this because this makes the bid prices more on par with each other.

callsonreddit

Larry Ellison backstops $40.4B Paramount bid for Warner Bros as PSKY +4.3% and WBD +3.5% [https://finance.yahoo.com/news/oracles-larry-ellison-agrees-to-backstop-404-billion-in-financing-for-paramount-acquisition-of-warner-bros-145133265.html](https://finance.yahoo.com/news/oracles-larry-ellison-agrees-to-backstop-404-billion-in-financing-for-paramount-acquisition-of-warner-bros-145133265.html)

AntoniaFauci

Oh wow, that has to hurt. DIS has hovered around half of its pre-pandemic value for 6+ years. I’m sure someday a narrative will appear and give DIS stock a surge, the way some other big left for dead names do. Whether it’s real or temporary. I just don’t know when that surge will happen. This month? 2030? DIS board and executive has been incompetent for many years. The one opportunity they had to help shareholders with an activist, they spent a mega-ton of shareholders money to create a blockbuster smear campaign on him, and then a second mega-ton of your money to rig a proxy vote and reject him. Yes, I’m aware he’s a bit of a dick. But for shareholders, his involvement had been the only good news for the better half of a decade. Just rumors of him volunteering revived a dead stock by 50%. The day they rigged the result to flip him to a loss, the stock went straight back down and remains lower. Still, one wonders if someday even a blind and aggressively bad squirrel won’t accidentally find a nut. Maybe it will be a narrative that if WBD can triple, why can’t DIS? Maybe something else. Personally I’m accumulating NFLX here and will do so lower too. They appear to have won TV. Tapping into wrestling addicts gives them new potential and a market who is price insensitive. Similar with their clever way of leveraging micro “events” rather than draining themselves on sponsorships. The most recent hard data we have was the earnings, which were actually spectacular... but that was obscured by the decision to take a full one time charge in Brazil. Without that, the stock would have been close to $150. That inspired negative news flow, and just when that was dying out, they made the unexpected move to get into the WBD bidding war. I like buying NFLX at a 30% discount to where it was before the strong earnings. WBD will ultimately be a win whether they prevail or back out. That could however weigh on the stock for a year or more. My price target is $150, so it doesn’t bother me if it takes a year or two or three to get there.

dont_downvote_SPECIL

Netflix (-14%; $4K) What's crazy was that it was actually one of my best investments this year before they put their dirty fingers in the WBD pie

AlGAdams

GOOG could aquire MU 2 times over and it'd be a better deal than WBD

VegableProperties

I think they've lost more than the total market cap of WBD at this point

ETFBro4DaWinz

Surely time to buy NTFLX would be after they blow a quarter of their market cap on WBD?

zurijer

Why is NFLX dying? They’re still going to win the bid. WBD doesn’t fk with PSKY

VegableProperties

You gotta wonder why PSKY didnt just bid higher when WBD was taking bids instead of waiting until after the bidding war ended to start a bidding war.

lifeofpi21

The bidding war I hoped would happen with Paramount is unfolding with WBD. Shari Redstone dropped the ball.

CrusaderZero6

Where are you seeing that it’s not going through? All I saw was news about them refinancing the purchase loan. Hoping you’re right. I’ve got puts on WBD.

PossumImposter2

Can someone smarter than me explain why NFLX crashed when they announced they were buying WBD, but now that it looks like it isn’t going through, it’s going down again? Shouldn’t it.. go up if that what was scaring everyone?

VegableProperties

I was talking to a friend who works at WBD in games and they were saying how their job was probably fucked either way, but prefers Netflix because they at least have a chance of not shuttering games entirely

Far-Requirement9180

Regarded that WBD drama lol

Internal_Field5970

Larry is trying to put WBD under the tree for David this Christmas 

Samjabr

FFS, CNBC has a story about NFLX, PARA, WBD merger every day. No one gives a shit.

LegitimateShameHands

NFLX always drops whatever the news is regarding WBD. It literally drops no matter what

NYSE_941_Gray

Please read news and dump position, it will stay 93-98 until deal with WBD is finalized

Happy_Discussion_536

Piece of shit PSKY Paramount trying to curry favor with 🥭, maybe still take another shot at WBD? >A CBS News spokesperson told Puck News that the episode “needed additional reporting.” A “well-placed” source, however, told Puck’s Dylan Byers: “It did not need additional reporting. It went through every layer of fact-checking and was reviewed by all the lawyers.” Byers reported that the episode was ready to go until it was seen by CBS News chief Bari Weiss, who decided to hold it. >The episode will likely be held pending comment or an interview with White House officials next year, according to Semafor. https://www.thedailybeast.com/60-minutes-suddenly-drops-segment-on-major-trump-controversy/

Bagholder147

What up guys. Found another buyout play DBRG. SoftBank looking to buy them out. Potential price target $25-$35 a share. Missed WBD? Here's your chance. Shares jumped Dec 5th on the rumored news. Have a great profitable week and Merry Xmas regens.

Natural_Level_7593

Plus the WBD deal with Netflix needs government approval and PSKY has Don's ear.

ThreadfallRider78

There’s nothing wrong with holding all cash and waiting for the right opportunity to present itself. i.e Bought WBD at 22 sold at 29 and change. Bought MDLN at 35-36 when it was available (I didn’t request shares pre-IPO because I didn’t know how it was gonna go) and sold it at around 39.

ThreadfallRider78

I’m all cash right now. Generally, I found that jumping in on high institutional volume short holding interval plays is a great strategy. My last two plays were WBD and MDLN

TimeInTheMarketWins

26.59%! Largely due to the overall market + WBD merger.

smolquacc

I’m just a bit worried about the WBD and DOJ drama tbh.

DanielzeFourth

This is when you know a stock doesn’t have much room to run anymore. Reddit saying whatever it wants to keep a growth story in place. YouTube is going to gain 20% from the Netflix and WBD merger apparently. Waymo ran over a cat last week. All the publicity is going to 99x Google market cap from the publicity.

pilotzd

From this deal's perspective, yes it's hard to say about Paramount's capacity without seeing the actual deal. But I think from the combined company perspective, David Ellison would have more incentive for the movie industry to produce better content just from personal background. Netflix has too many career bureaucrats and too little passion at this point. IMHO a better deal would be if PSKY does a cash + stock deal, so WBD shareholders can share that part of the upside.

stockjocky

in 2024 my wife gave me some cash for DWAC, RUM and DJT. she made a small fortune. in 2025 she gave me more cash for Gold/Silver, BW, WBD and more. all Long Calls. Schwab shows a YTD Profit at 626%. I have to track all her positions and it keeps me busy. i research her recommendations. she watches pod casts all day and comes up with some crazy trades. i just watch the profit increase daily and relax. that is my trading style now. The boss is in control and she let's me know it !

Cold-Awareness4153

Slightly confused why you didn't sell these contracts when $WBD hit close to $30 which was going to be Paramount's bid for the stock that was openly mentioned 2 days prior? Do you intend on executing some of these calls by holding to maturity?

SerpentRoyalty

More like got lucky WBD sold off. Nothing to do with balance sheets.

Helios330

https://preview.redd.it/0ls3m2o1i28g1.jpeg?width=1290&format=pjpg&auto=webp&s=a4008f6d8817696e33ab9ca3d5294ba4154eb715 This is a casino, and WBD was like playing roulette, while the board is telling you where it was gonna land, before you bet

Bagholder147

Does Oracle up make WBD go up ....weird?

Cav829

Maybe Larry and his son can start a TikTok and raise $90 billion for that WBD offer.

PalpitationSmooth992

look at the volume for WBD 27 and 26 puts in Jan

NYSE_941_Gray

Because they may or may spend 80-100+billion on WBD, thats roughly 25% of the total worth of NFLX —- > ?

PepperDogger

Hey, it's in a revocable trust, apparently, so no possible hidden corruption motives. We like to keep our corruption in plain sight. Speaking of which, Jared, how's that Skydance middle-east wealth fund attempted purchase of WBD (& CNN) going for you and the Saudi, Qatar, and UAE sovereign wealth funds? Of course your father-in-law will play the rules and not block other bidders. Right??? [https://www.theguardian.com/commentisfree/2025/dec/11/jared-kushner-paramount-warner-bros-deal](https://www.theguardian.com/commentisfree/2025/dec/11/jared-kushner-paramount-warner-bros-deal)

zurijer

Why is WBD trying to host a shareholder vote in the Spring or Summer of 2026. These regards can’t even work efficiently to have this bid be a done deal by EOY? Lmfao

supsupman1001

this is all about kickbacks, I only give a fuck about who is buying out my WBD shares for the highest price, and that is Paramount. Why would any shareholder want less money for their shares?

904Funk

Does anyone have insight on how the Paramount offer of $30 a share for WBD works As in, if I elect to tender my shares over to them by January 6th how long does a process like that take? At this point I don’t want to wait for Netflix to be shutdown on this merger in 8 months give or take and then watch WBD fall back to the teens. I’m holding out for a higher PSKY bid so I can bail before the 6th, but as of now to make my biggest bang for my buck is accepting their $30 per share. If you have any experience with this kind of scenario or knowledge of how this works I’d greatly appreciate it

PossumImposter2

Has there ever been a worse move by a CEO than Sarandon trying to buy WBD? It is becoming obvious he was greased by someone to disrupt Netflix’s monopoly. This guy will be in jail by next year, mark my words once NFXL is delisted.

PossumImposter2

Has there ever been a worse move by a CEO than Sarandosn trying to buy WBD? It is becoming obvious he was greased by someone to disrupt Netflix’s monopoly. This guy will be in jail by next year, mark my words once NFXL is delisted.

cripky

imagine if 🥭 announced that the government is bidding on WBD 😬

sanfranchristo

Not sure where you live but in the US, I believe that typically one's brokerage provides ownership information to any companies owned who send (or have sent) relevant voting rights notices. I'm sure you can look this up on what I assume is an investor relations section on WBD site if your brokerage doesn't make it obvious.

CouchPotatoFamine

Paramount just offered my $30 a share for my WBD.

deviltrombone

They dropped out of the Paramount hostile bid for WBD yesterday. I wonder if there's anything more to this apparent distancing from that orange thing.

hv876

Back in September Larry Ellison was the richest man on the planet. He was also the most powerful. Man single handedly tanked the AI trade, killed Broadcom, made WBD leave for NFLX

Thisispaartaaa

probably why WBD is skeptical of Paramount/skydance financing, lol...ole Ellison is going broke, can't finance his kid's/diaper don's purchase of CNN parent co

ShadowLiberal

Plus IMO Paramount's offer was also pretty bad considering how low it valued the rest of WBD that Netflix wasn't buying in the first place. Investors could have probably made more money just selling their WBD shares after the Netflix deal went through then accepting Paramount's deal.

ShadowLiberal

There's a lot of misinformation spreading about what the deal will actually do from the people who oppose it, who are either just uninformed, or willfully spreading misinformation. For example, within hours of the deal being announced accounts on social media started screaming that Netflix would turn CNN into a Liberal propaganda outlet... despite the fact that Netflix isn't buying CNN, so they would have no control over it. A bunch of people have also been screaming that Netflix will kill movie theater releases, even thought part of the deal that Netflix signed commits them to continuing movie theater releases for stuff by the WBD movie studios.