CNBC Daily Open: Playing now: Netflix-Warner Bros deal with a Trump twist
CNBC·2025-12-08 15:58

"Who's watching?" Netflix asks whenever someone accesses its site. On Friday, it was probably everyone with an interest in business, markets and television. The key characters that had people hooked were Netflix and Warner Bros. Discovery, which jointly announced that the streaming giant will acquire the latter's film studio and streaming service, HBO Max. The equity deal value is pegged at $72 billion.Netflix investors did not seem too jazzed about the deal, with shares dropping 2.89% on the sheer size of ...