Search: WBD - Buzzberg

Date	Ticker	Price	Dir	Speaker	Thesis	Source
Feb 18	WBD	$28.79 $28.79 +0.0%	WATCH	Andrew Ross Sorkin Co-Anchor, Squawk Box	Netflix (NFLX) is giving Paramount (PARA) a week to negotiate with Warner Bros. Discovery (WBD) before pressing its own "better bid" (guaranteed deal, less debt). WBD is the prize in a bidding war between two major players. Netflix is "flooding the zone" to convince shareholders directly, bypassing the board. WBD is in play. The competitive tension between NFLX and PARA suggests a floor or premium for WBD shares, though regulatory hurdles remain a massive question mark. DOJ/Antitrust regulators could block either deal, leaving WBD as a standalone entity with high debt.	CNBC Squawk Pod: Baby Formula, A Tax Hike, & The L...
Feb 18	WBD	$28.79 $28.79 +0.0%	WATCH	Joumanna Bercetche Anchor, Bloomberg	Warner Bros. Discovery (WBD) has agreed to reopen buyout negotiations with Paramount (PARA) after Paramount raised its bid. The consolidation of legacy media is accelerating to compete with streaming giants. A bidding war or finalized deal provides immediate arbitrage opportunities. Watch for deal terms; this is a classic M&A arbitrage setup. Regulatory antitrust blocking; deal financing falling through.	Bloomberg Markets Geneva Diplomacy: US-Iran Hail Progress in Nu...
Feb 18	WBD	$28.79 $28.79 +0.0%	N/A	Finnhub News	—	Finnhub - WBD Paramount Skydance Corporation (PSKY) in Talk...
Feb 18	WBD	$28.79 $28.79 +0.0%	LONG	Romaine Bostick Anchor, Bloomberg	Paramount Skydance explicitly stated "it is war" regarding the competing bid from Warner Bros. Discovery, asking shareholders for an extension to fight the WBD bid. Paramount shares jumped 5% on the news. Hostile bidding wars typically result in premium pricing for the target asset (Paramount) as suitors are forced to sweeten deals to win shareholder approval. LONG (specifically PARA as the target). Deal collapse; regulatory intervention blocking consolidation.	Bloomberg Markets Partial Shutdown Drags on Over DHS Funding \| ...
Feb 17	WBD	$28.75 $28.79 +0.1%	WATCH	Chris Palmeri Team Leader, Media & Entertainment, Bloomberg	Warner Bros. Discovery is "officially reopening sale talks" with Paramount after a sweetened offer. Netflix has also given WBD "seven days to discuss" a counter-bid involving assets. The media sector is entering a chaotic consolidation phase. While M&A usually boosts the target (PARA), the complexity of the deal structures (debt loads, asset spin-offs) makes the outcome binary and volatile. Watch for the winner of the Paramount assets; arbitrage opportunities may arise. Regulatory blocking of mergers; deal talks falling apart.	Bloomberg Markets Stocks Gain as Tech Holds Up; Bonds Steady \| ...
Feb 17	WBD	$28.75 $28.79 +0.1%	N/A	Finnhub News	—	Finnhub - WBD David Einhorn's Strategic Moves: A Closer Loo...
Feb 17	WBD	$28.75 $28.79 +0.1%	N/A	Finnhub News	—	Finnhub - WBD Warner Bros. Discovery (WBD) Outpaces Stock M...
Feb 17	WBD	$28.75 $28.79 +0.1%	LONG	Ted Sarandos Co-CEO, Netflix	"Paramount, Skydance, had offered $31 per share, a dollar more than Paramount Skydance had previously offered... We gave them the opportunity to get those shareholders exactly what they deserve, which is complete clarity." WBD is the prize in a heated bidding war between two major media conglomerates. With a confirmed counter-offer of $31 setting a floor, and Netflix having the right to match, the price discovery is skewed strictly to the upside. LONG (Arbitrage / Acquisition Target). Regulatory intervention blocking consolidation; deal collapse leading to mean reversion.	CNBC Netflix co-CEO: Paramount has been 'flooding ...
Feb 17	WBD	$28.75 $28.79 +0.1%	WATCH	Norah Mulinda Bloomberg Market Reporter	Warner Bros. Discovery (WBD) agreed to reopen negotiations with Paramount (PARA) regarding a merger/acquisition. Renewed M&A talks suggest consolidation is inevitable in the media sector to compete with Netflix. This puts a floor under the stock prices due to deal speculation. WATCH (M&A Arbitrage). Regulatory antitrust blocking; deal falls through again.	Bloomberg Markets Apple Ramps Up Wearables for AI Era \| Bloombe...
Feb 17	WBD	$28.75 $28.79 +0.1%	WATCH	Ed Ludlow Co-Host, Bloomberg Technology	Warner Bros. Discovery (WBD) has reopened negotiations with Paramount (PARA). Netflix (NFLX) granted a 7-day waiver for these talks. A banker signaled PARA would accept a minimum of $31/share. This signals a bidding war. PARA is the clear target with a floor price established. WBD risks over-leveraging to win the deal (negative for WBD equity/credit). NFLX is in the mix but has a disciplined balance sheet; if they walk, they might collect a breakup fee, but if they bid, they face regulatory scrutiny. Long PARA (Target), Avoid WBD (Acquirer Risk/Leverage concerns). Regulatory antitrust blocks (DOJ/FTC) could kill any deal; WBD might walk away if price gets too high.	Bloomberg Markets Open Interest 2/17/2026
Feb 17	WBD	$28.75 $28.79 +0.1%	N/A	Finnhub News	—	Finnhub - WBD Warner Bros. Reopens Talks as Paramount Signa...
Feb 17	WBD	$28.75 $28.79 +0.1%	LONG	David Faber Anchor, Squawk on the Street / Media Analyst	WBD is "trading at less than four times free cash flow" and the valuation is "ridiculously cheap." The board has given Paramount 7 days to present a superior offer to the current Netflix deal. WBD is the prize in a bidding war. Whether Netflix wins or Paramount overpays to match, the floor is set, and the valuation gap (<4x FCF vs. peers) provides a margin of safety. The "tickling fee" offered by Paramount suggests they are serious about regulatory hurdles. LONG WBD as an arbitrage and deep value play. Deal collapse or regulatory blocking (antitrust).	CNBC Squawk Pod: The Legacy of Reverend Jesse Jack...
Feb 17	WBD	$28.75 $28.79 +0.1%	N/A	Finnhub News	—	Finnhub - WBD Mark Hillman's Strategic Move: Significant Ad...
Feb 17	WBD	$28.75 $28.79 +0.1%	N/A	Finnhub News	—	Finnhub - WBD Paramount Skydance Acknowledges Announcement ...
Feb 17	WBD	$28.75 $28.79 +0.1%	N/A	Finnhub News	—	Finnhub - WBD Here’s What Lifted Warner Bros. Discovery (WB...
Feb 17	WBD	$28.75 $28.79 +0.1%	WATCH	News Anchors Financial Reporters	"Paramount would be willing to go up at a minimum to 31 a share... they want to buy the entire thing." This establishes a hard price floor and a takeover premium for Warner Bros. Discovery. The existence of a bidding war (vs. Netflix) typically forces the final clearing price higher. The stock is "in play" with a defined upside target ($31), making it a potential arbitrage opportunity. Regulatory antitrust blocking the deal; deal talks falling through after the 7-day waiver.	Bloomberg Markets Warner Bros. Reopens Talks With Rival Paramou...
Feb 17	WBD	$28.75 $28.79 +0.1%	N/A	Finnhub News	—	Finnhub - WBD Stock market today: Dow, S&P 500, Nasdaq turn...
Feb 17	WBD	$28.75 $28.79 +0.1%	LONG	David Faber Anchor, Squawk on the Street / Media Analyst	"Warner Brothers stock price going up this morning... They've got their seven days now... [Paramount] indicated... they will pay at least 31, if not more." WBD is the target asset in a competitive bidding environment. The entrance of a second bidder (Paramount) with a specific price floor ($31+) creates an arbitrage opportunity and raises the valuation floor for WBD shares. LONG. The stock is reacting positively to the prospect of a higher bid ("superior proposal"). Regulatory/Antitrust intervention (Trump administration mentioned); the deal structure (LBO concerns regarding cable asset solvency).	CNBC Netflix grants Warner Bros. Discovery 7-day w...
Feb 17	WBD	$28.75 $28.79 +0.1%	N/A	Finnhub News	—	Finnhub - WBD Stephen Colbert says CBS blocked James Talari...
Feb 17	WBD	$28.75 $28.79 +0.1%	N/A	Finnhub News	—	Finnhub - WBD Warner Bros. Discovery, Inc. (WBD) Is a Trend...
Feb 17	WBD	$28.75 $28.79 +0.1%	N/A	Finnhub News	—	Finnhub - WBD Warner Bros. Discovery to restart Paramount d...
Feb 17	WBD	$28.75 $28.79 +0.1%	N/A	Finnhub News	—	Finnhub - WBD Warner Bros. Reopens Deal Talks After Paramou...
Feb 17	WBD	$28.75 $28.79 +0.1%	N/A	Finnhub News	—	Finnhub - WBD Warner Bros rejects Paramount's revised offer...
Feb 16	WBD	$27.99 $28.79 +2.9%	WATCH	Louise Moon Reporter, Wall Street Journal	Warner Bros Discovery is reportedly reopening talks with Paramount/Skydance. The new offer involves Paramount covering a breakup fee owed to Netflix. M&A activity in media indicates consolidation is necessary for survival. The deal structure (covering fees) suggests seriousness. WATCH for deal confirmation; arbitrage opportunities may arise. Regulatory hurdles or deal collapse.	Bloomberg Markets 'Shared Values' discussed in Munich; RAM Conc...
Feb 16	WBD	$27.99 $28.79 +2.9%	LONG	Emmanuel McGrory Deals Editor, Bloomberg	Warner Bros. Discovery (WBD) is considering reopening sales talks with Paramount (PARA) after Paramount submitted amended terms. The transcript explicitly mentions this could "reignite a second bidding war with Netflix." If WBD re-engages, it puts a floor under PARA's stock price and signals consolidation in the media sector. LONG PARA as the acquisition target; WATCH WBD/NFLX for volatility around deal terms. Regulatory hurdles or deal talks collapsing again (as they have previously).	Bloomberg Markets Rubio Warns Europe & Warner Bros. Mulls New P...
Feb 16	WBD	$27.99 $28.79 +2.9%	WATCH	Paul Allen Reporter, Bloomberg	Warner Bros. Discovery is reportedly considering reopening sales talks with Paramount to potentially topple a deal with Netflix. If WBD enters a bidding war or strategic merger talk, it introduces volatility and potential arbitrage premiums for Paramount shareholders, while potentially weighing on WBD's balance sheet sentiment. WATCH for deal confirmation. Regulatory hurdles for consolidation in the media space are high; deal talks may fall apart.	Bloomberg Markets Bitcoin Traders Brace for $60K Shock as Liqui...
Feb 16	WBD	$27.99 $28.79 +2.9%	WATCH	Annabel Droulers Anchor, Bloomberg TV	Warner Bros Discovery is reportedly reopening sale talks with Paramount; Skydance has also submitted amended terms to topple a potential Netflix deal. A bidding war is emerging for Paramount's assets. The inclusion of a $2.8B breakup fee coverage by Skydance indicates serious intent to block consolidation by competitors. WATCH. M&A arbitrage opportunity developing as multiple suitors engage. Regulatory antitrust blocking any deal.	Bloomberg Markets Laopu Gold, CATL Added to Hang Seng Index \| T...
Feb 16	WBD	$27.99 $28.79 +2.9%	N/A	Finnhub News	—	Finnhub - WBD 3 Consumer Stocks That Fall Short
Feb 16	WBD	$27.99 $28.79 +2.9%	LONG	Tony Czuczka Editor, Bloomberg	Warner Bros. Discovery (WBD) is reportedly considering reopening sales talks with Paramount (PARA) to start a fresh bidding war, attempting to topple an existing deal with Netflix (NFLX). A renewed bidding war involving a strategic player like WBD implies a higher premium for the target asset (Paramount) as suitors compete. The inclusion of debt financing and breakup fees in competing offers strengthens the floor for the stock. LONG PARA (as the acquisition target), WATCH WBD and NFLX for volatility. Regulatory antitrust hurdles (DOJ) or deal collapse.	Bloomberg Markets Japan Posts Anemic Growth as Takaichi Eyes Sp...
Feb 13	WBD	$27.99 $28.79 +2.9%	LONG	Finnhub News	Activist investor Sachem Head significantly increased its ownership in Warner Bros Discovery during the fourth quarter.	Finnhub - WBD Warner Bros Discovery sees activist Sachem He...
Feb 13	WBD	$27.99 $28.79 +2.9%	N/A	Finnhub News	—	Finnhub - WBD 3 Unpopular Stocks Walking a Fine Line
Feb 12	WBD	$28.11 $28.79 +2.4%	N/A	Finnhub News	—	Finnhub - WBD Paramount Skydance Ups Hostile Warner Bid As ...
Feb 12	WBD	$28.11 $28.79 +2.4%	N/A	Finnhub News	—	Finnhub - WBD From Julia Child to ‘Tin Fish Date Night’: Ho...
Feb 12	WBD	$28.11 $28.79 +2.4%	LONG	Michelle Davis Reporter, Bloomberg	Activist investor Ancora has built a stake in WBD and is threatening to replace the board if they do not engage with Paramount for a better offer. Activist involvement typically unlocks shareholder value by forcing management to negotiate higher acquisition prices or better deal terms. The existence of a competing bidder (Paramount) with a specific price floor ($30/share) puts upward pressure on the stock. LONG. The competitive tension between Netflix and Paramount, catalyzed by Ancora, creates a bidding war dynamic favorable to WBD shareholders. Ancora holds less than 1% and may lack voting power to force change; the Netflix deal might close regardless of agitation.	Bloomberg Markets Activist Ancora Joins the Fight for Warner
Feb 12	WBD	$28.11 $28.79 +2.4%	N/A	Finnhub News	—	Finnhub - WBD Trump met with David Ellison days before sayi...
Feb 12	WBD	$28.11 $28.79 +2.4%	N/A	Finnhub News	—	Finnhub - WBD Mixed options sentiment in Warner Bros. Disco...
Feb 12	WBD	$28.11 $28.79 +2.4%	N/A	Finnhub News	—	Finnhub - WBD 'Paramount enlists top Warner Bros Discovery ...
Feb 11	WBD	$27.99 $28.79 +2.9%	LONG	Michelle Davis Reporter, Bloomberg	Activist investor Ancora has built a stake in WBD to oppose a Netflix merger and force engagement with Paramount. Paramount has sweetened its bid to $30/share plus a $2B breakup fee and delay penalties. Activist involvement combined with a "sweetened" hostile bid creates a floor for the stock price and accelerates price discovery. The $30/share offer sets a clear valuation benchmark. LONG. The M&A friction is forcing value realization. Regulatory hurdles or deal collapse leading to a reversion to pre-bid lows.	Bloomberg Markets Kraft Heinz Pauses Split, Paramount Sweetens ...
Feb 11	WBD	$27.99 $28.79 +2.9%	LONG	Jim Chadwick Managing Partner, Ancora	Ancora has a growing stake in Warner Brothers and believes the board is currently favoring an inferior, conditional deal (Netflix) while rebuffing a superior all-cash/certain offer from Paramount. Activist pressure (including a potential proxy fight) will force the board to negotiate with Paramount, unlocking a higher bid ("enhanced offer") and avoiding the regulatory pitfalls of the Netflix deal. LONG (Activist Target / M&A Play). Regulatory blocking of any deal; Board entrenchment accepting the lower-value Netflix bid; Deal financing falling through.	CNBC Chadwick: This is a once in a lifetime opport...

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