Does the Netflix Deal Drama Make NFLX Stock a Steal Here?
Co-CEO Ted Sarandos framed the acquisition as an extension of Netflix’s core mission, which is to entertain the world. Netflix believes that merging Warner Bros.’ extensive catalogue of classics and modern franchises with Netflix originals like Stranger Things , Squid Game , Wednesday , and Bridgerton , will dramatically increase its content richness and worldwide appeal. Management further emphasized that the deal is designed to accelerate Netflix’s “business for decades.” Financially, Netflix expects $2 b ...