Netflix Stock (NFLX) News Today: Warner Bros Deal Reaffirmed, Analyst Price Targets Shift, and the 2026 Outlook (Dec. 15, 2025)
Netflix shares rose about 1% to $95 Monday after co-CEOs told employees the company remains committed to acquiring Warner Bros. Discovery’s studios and streaming business for $72 billion. The deal, expected to close after a WBD spin-off in Q3 2026, would put Netflix into theatrical distribution for the first time. Breakup fees total $5.8 billion for Netflix and $2.8 billion for WBD.