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NASDAQ:WBD 17 December 2025 - 20 December 2025

Communication Services Stocks News Today (Dec. 20, 2025): Meta, Alphabet, Netflix–Warner Deal Shockwaves, and Telecom M&A Set Up 2026

Communication Services Stocks News Today (Dec. 20, 2025): Meta, Alphabet, Netflix–Warner Deal Shockwaves, and Telecom M&A Set Up 2026

Meta’s board lost Dina Powell McCormick after eight months, with no replacement planned, Reuters reported Dec. 19. Facebook is testing link-sharing limits for non-paying users, according to the Guardian. The XLC ETF’s top holdings remain Meta and Alphabet, with Warner Bros. Discovery now among the largest entertainment weights. Recent XLC net asset value sits near $116.
Netflix Stock (NFLX) News Today: Warner Bros. Deal Drama, Analyst Forecasts, and What to Watch Next (Dec. 20, 2025)

Netflix Stock (NFLX) News Today: Warner Bros. Deal Drama, Analyst Forecasts, and What to Watch Next (Dec. 20, 2025)

Netflix shares closed near $94 Friday after news of its proposed $72 billion acquisition of Warner Bros. Discovery’s studios and streaming assets. Paramount Skydance launched a hostile bid for all of WBD, complicating the deal. Regulatory scrutiny intensified after former President Trump indicated involvement in the review. A consumer class action has also been filed to block the merger.
Warner Bros. Discovery stock today: Netflix deal vs Paramount $30 bid, analyst forecasts, and what’s next — Dec. 20, 2025

Warner Bros. Discovery stock today: Netflix deal vs Paramount $30 bid, analyst forecasts, and what’s next — Dec. 20, 2025

Warner Bros. Discovery shares traded near $27.77, just above Netflix’s $27.75-per-share takeover offer and below Paramount Skydance’s $30 all-cash bid. The stock’s price reflects market uncertainty over which deal, if any, will close. WBD’s board rejected Paramount’s offer, calling it “illusory.” Both bids claim full financing.
Warner Bros. Discovery (WBD) Stock After Hours on Dec. 19, 2025: Price Moves, Deal Headlines, Analyst Forecasts, and What to Watch Before the Next Market Open

Warner Bros. Discovery (WBD) Stock After Hours on Dec. 19, 2025: Price Moves, Deal Headlines, Analyst Forecasts, and What to Watch Before the Next Market Open

Warner Bros. Discovery (NASDAQ: WBD) closed at $27.77 on Dec. 19, up 0.58%, then rose to $27.99 after hours as traders reacted to new comments from major shareholder Harris Associates. Harris signaled openness to a revised Paramount Skydance bid if financial terms improve, calling Netflix’s offer “superior on deal terms.” Trading volume topped 107.95 million shares.
20 December 2025
Warner Bros. Discovery (WBD) Stock News Today: Harris Associates Signals Openness to a Higher Paramount Bid as Netflix Deal Terms Stay in Focus (Dec. 19, 2025)

Warner Bros. Discovery (WBD) Stock News Today: Harris Associates Signals Openness to a Higher Paramount Bid as Netflix Deal Terms Stay in Focus (Dec. 19, 2025)

WBD shares traded around $28.15 on Dec. 19 after Harris Associates, the company’s fifth-largest shareholder, said it would consider a revised Paramount Skydance bid if deal terms improve. Harris called the Netflix and Paramount offers similar in value but favored Netflix’s terms. WBD stock rebounded after the remarks, reflecting renewed takeover speculation.
Netflix Stock (NFLX) on Dec. 19, 2025: Warner Bros. Deal Drama, Breakup Fees, and Wall Street Price Targets

Netflix Stock (NFLX) on Dec. 19, 2025: Warner Bros. Deal Drama, Breakup Fees, and Wall Street Price Targets

Netflix shares traded near $94.91 on Dec. 19, modestly higher after a volatile month. Harris Associates, holding 3.9% of Warner Bros. Discovery, signaled openness to a revised Paramount Skydance bid, keeping Netflix’s $82.7 billion Warner deal in flux. The uncertainty could raise the purchase price or delay the process. Netflix’s proposal includes $23.25 in cash and $4.50 in stock per WBD share.
Netflix-Warner Bros. Discovery Deal: Paramount’s Ellison-Backed Counterbid, Antitrust Pressure, and What It Means for Crave in Canada

Netflix-Warner Bros. Discovery Deal: Paramount’s Ellison-Backed Counterbid, Antitrust Pressure, and What It Means for Crave in Canada

Harris Associates, holding 3.9% of Warner Bros. Discovery, said it may support a revised Paramount Skydance bid if financing and deal terms improve, Reuters reported. Netflix has a $72 billion agreement to acquire WBD’s studios and HBO, pending regulatory review and a planned spinoff of WBD’s cable networks. The outcome could affect Bell Media’s Crave in Canada, which licenses HBO content.
Warner Bros. Discovery Stock (WBD) Today: Netflix Deal vs Paramount Bid, Latest Forecasts and What Investors Are Watching on Dec. 19, 2025

Warner Bros. Discovery Stock (WBD) Today: Netflix Deal vs Paramount Bid, Latest Forecasts and What Investors Are Watching on Dec. 19, 2025

Warner Bros. Discovery shares closed at $27.61 on Dec. 19, just below Netflix’s $27.75-per-share offer and well under Paramount Skydance’s $30 bid. Harris Associates, a major shareholder, told Reuters it would consider a revised Paramount proposal if terms improve. Traders appear to view the Netflix deal as more likely to close, assigning higher risk to Paramount’s offer.
Warner Bros. Discovery (WBD) Stock After Hours Today (Dec. 18, 2025): Netflix Deal Math, CNN/Standard General Rumors, and What to Watch Before Friday’s Open

Warner Bros. Discovery (WBD) Stock After Hours Today (Dec. 18, 2025): Netflix Deal Math, CNN/Standard General Rumors, and What to Watch Before Friday’s Open

Warner Bros. Discovery shares closed at $27.61 Thursday, down 2.13% and $0.14 below Netflix’s $27.75 per-share offer. After-hours trading was flat. Reuters reported hedge fund Standard General has discussed investing in or acquiring WBD’s cable networks, including CNN. Neither party commented on the talks.
19 December 2025
Netflix Stock (NFLX) After Hours Today (Dec. 18, 2025): Shares Steady Near $94 as Warner Bros. Deal Headlines Build — What to Watch Before Friday’s Open

Netflix Stock (NFLX) After Hours Today (Dec. 18, 2025): Shares Steady Near $94 as Warner Bros. Deal Headlines Build — What to Watch Before Friday’s Open

Netflix closed Thursday at $94.00, down 0.83%, and edged up to $94.04 in after-hours trading. Shares lagged the broader market amid ongoing uncertainty over Netflix’s proposed $82.7 billion acquisition of Warner Bros. assets, which faces regulatory review and a complex closing process expected to extend into 2026.
Warner Bros. Discovery (WBD) Series A Stock: Standard General CNN Talks, Netflix Deal vs Paramount Bid, and Analyst Forecasts on Dec. 18, 2025

Warner Bros. Discovery (WBD) Series A Stock: Standard General CNN Talks, Netflix Deal vs Paramount Bid, and Analyst Forecasts on Dec. 18, 2025

Warner Bros. Discovery shares fell about 1% to $27.93 on Dec. 18 after reports that hedge fund Standard General is in talks to invest in or acquire parts of WBD’s networks business, including CNN. The board urged shareholders to reject Paramount Skydance’s tender offer, backing a rival deal with Netflix. Morgan Stanley raised its price target for WBD to $29 amid shifting deal dynamics.
Netflix Stock (NFLX) News Today — Dec. 18, 2025: Warner Bros. Deal Drama, New Corporate Moves, and the Latest Wall Street Forecasts

Netflix Stock (NFLX) News Today — Dec. 18, 2025: Warner Bros. Deal Drama, New Corporate Moves, and the Latest Wall Street Forecasts

Netflix shares rose 0.83% to $95.58 on December 18 as Warner Bros. Discovery’s board publicly backed Netflix’s takeover bid, rejecting Paramount Skydance’s hostile offer. Trading volume topped 30 million shares. The stock remains in the $93–$97 range following a 10-for-1 split in November. Warner’s board called Netflix’s proposal binding and fully financed.
Netflix Stock Today (Dec. 18, 2025): NFLX Holds Near $95 as the Warner Bros. Deal, Analyst Targets, and Antitrust Timeline Shape the Outlook

Netflix Stock Today (Dec. 18, 2025): NFLX Holds Near $95 as the Warner Bros. Deal, Analyst Targets, and Antitrust Timeline Shape the Outlook

Netflix shares traded near $94.79 Thursday as the company pursues a $72 billion deal for Warner Bros. Discovery’s Streaming & Studios assets. Warner’s board rejected a rival offer from Paramount, backing Netflix’s bid. Hedge fund Standard General is in talks to buy WBD’s cable networks, including CNN, which are excluded from the Netflix deal.
Warner Bros. Discovery Stock (WBD) News Today: Standard General CNN Talks, Netflix Deal Terms, Paramount Bid Deadline, and Wall Street Forecasts (Dec. 18, 2025)

Warner Bros. Discovery Stock (WBD) News Today: Standard General CNN Talks, Netflix Deal Terms, Paramount Bid Deadline, and Wall Street Forecasts (Dec. 18, 2025)

Warner Bros. Discovery shares traded at $28.21 ahead of Dec. 18, as Reuters reported Standard General is in talks to buy or invest in WBD’s TV networks, including CNN. The company faces a Netflix cash-and-stock deal for streaming and studios assets, and a hostile all-cash tender offer from Paramount Skydance. WBD’s board recommends the Netflix deal, offering $23.25 per share in cash plus $4.50 in Netflix stock.
Warner Bros. Discovery (WBD) Stock After Hours Dec. 17, 2025: Board Rejects Paramount’s $30 Bid, Reaffirms Netflix Deal—What to Know Before Thursday’s Open

Warner Bros. Discovery (WBD) Stock After Hours Dec. 17, 2025: Board Rejects Paramount’s $30 Bid, Reaffirms Netflix Deal—What to Know Before Thursday’s Open

Warner Bros. Discovery shares closed at $28.21 Wednesday, down 2.39%, as takeover speculation drove heavy trading. The board urged shareholders to reject Paramount Skydance’s $30 all-cash offer, backing a rival deal with Netflix valued at $27.75 per share. Paramount insisted its bid is superior and faster. Volume reached nearly 69.7 million shares.
17 December 2025
Netflix Stock (NFLX) After Hours on Dec. 17, 2025: Shares Hold Steady After Warner Bros. Board Backs Netflix Deal — What to Watch Before Thursday’s Open

Netflix Stock (NFLX) After Hours on Dec. 17, 2025: Shares Hold Steady After Warner Bros. Board Backs Netflix Deal — What to Watch Before Thursday’s Open

Netflix shares closed at $94.76 Wednesday and slipped two cents to $94.74 in early after-hours trading. Warner Bros. Discovery’s board rejected Paramount Skydance’s hostile bid and reaffirmed support for Netflix’s proposed acquisition. Trading volume topped 50 million shares as the S&P 500 and Nasdaq fell sharply. A Warner shareholder vote on the Netflix deal is expected by mid-2026.
Warner Bros. Discovery (WBD) Series A Stock Today: Board Rejects Paramount’s $30 Bid, Backs Netflix Deal — News, Forecasts, and What Investors Are Watching (Dec. 17, 2025)

Warner Bros. Discovery (WBD) Series A Stock Today: Board Rejects Paramount’s $30 Bid, Backs Netflix Deal — News, Forecasts, and What Investors Are Watching (Dec. 17, 2025)

Warner Bros. Discovery’s board on Dec. 17 urged shareholders to reject Paramount Skydance’s $30 per share hostile tender offer and back its merger with Netflix instead. WBD stock closed at $28.455, down 1.54%, trading between the $30 Paramount bid and the $27.75 per share value of the Netflix deal plus Discovery Global shares.
Netflix Stock (NFLX) Jumps on Warner Bros. Discovery Board Decision: Today’s News, Analyst Forecasts, and 2026 Outlook (Dec. 17, 2025)

Netflix Stock (NFLX) Jumps on Warner Bros. Discovery Board Decision: Today’s News, Analyst Forecasts, and 2026 Outlook (Dec. 17, 2025)

Warner Bros. Discovery’s board on Dec. 17 rejected Paramount Skydance’s hostile takeover bid and reaffirmed support for its agreed merger with Netflix. Netflix shares rose 2.6% to $97.07 as of 15:21 UTC. The WBD board called Paramount’s offer “illusory” and cited concerns over financing. The board’s stance clarified the deal landscape but left regulatory hurdles unresolved.
Warner Bros. Discovery Stock (WBD) Today: Board Rejects Paramount Bid, Reaffirms Netflix Deal — News, Forecasts, and What’s Next (Dec. 17, 2025)

Warner Bros. Discovery Stock (WBD) Today: Board Rejects Paramount Bid, Reaffirms Netflix Deal — News, Forecasts, and What’s Next (Dec. 17, 2025)

Warner Bros. Discovery’s board on Dec. 17 rejected Paramount Skydance’s $30-per-share hostile tender offer, citing financing and certainty concerns, and reaffirmed support for Netflix’s $27.75-per-share deal. WBD shares traded near $28.90, between the two bids. Paramount’s tender offer expires Jan. 8, 2026.
17 December 2025
Netflix Stock (NFLX) News Today, Dec. 17, 2025: Warner Bros. Deal Drama, Analyst Forecasts, and What Investors Are Watching

Netflix Stock (NFLX) News Today, Dec. 17, 2025: Warner Bros. Deal Drama, Analyst Forecasts, and What Investors Are Watching

Netflix shares traded near $94.60 in early premarket Wednesday after sliding 13% this month amid a bidding war for Warner Bros. Discovery. Netflix agreed Dec. 5 to acquire Warner Bros. and HBO for $72 billion in cash and stock. Paramount Skydance has since launched a hostile all-cash offer for WBD, intensifying deal uncertainty.
17 December 2025
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