Warner Bros. Discovery (WBD) Stock Update: Netflix Deal Terms, Paramount’s $30 Bid, and What Investors Need Before the Next Market Session
Warner Bros. Discovery closed Friday at $28.80, with after-hours trading near $28.85, as the stock remains volatile amid competing takeover bids. Netflix has agreed to buy WBD’s Streaming & Studios assets for $27.75 per share, while Paramount Skydance has offered $30 per share for the whole company. The Netflix deal depends on WBD spinning off its Global Networks business, expected in Q3 2026.