Netflix stock ticks up as Delaware judge blocks Paramount fast-track in Warner deal fight
Netflix shares rose 0.6% to $89.08 after a Delaware judge denied Paramount Skydance’s request to fast-track its lawsuit over Warner Bros Discovery’s deal process. The prospect of an all-cash Netflix bid for Warner’s studios and streaming assets resurfaced. Investors await Netflix’s Jan. 20 earnings report for updates on the potential acquisition. Warner Bros Discovery and Paramount Skydance shares slipped midday.