Stock Market Update
05-Dec-25 08:31 ET
Netflix to acquire Warner Bros. Discovery
Market is Closed
[BRIEFING.COM] S&P futures vs fair value: +8.00. Nasdaq futures vs fair value: +51.00.
The S&P 500 futures currently trade points above fair value.
Paramount Skydance (PSKY 14.50, -0.32, -2.2%) is lower in the premarket after Netflix (NFLX 98.85, -4.37, -4.2%) emerged as the winner in the bidding war for Warner Bros. Discovery (WBD 24.53, -0.01, -0.0%).
Netflix will acquire WBD for $27.75 per share, or $72 billion, in a cash and stock transaction. Under the agreement, Netflix will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
