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.