Netflix Is Looking to Borrow Heavily Again to Fund Warner Bros. Deal

Tubi has announced the rollout of Matter Casting for streaming on Fire TV, marking a significant advancement in content accessibility following Netflix's recent decision to discontinue casting from mobile devices. This new feature aims to enhance user experience by allowing seamless streaming from various devices to Fire TV.

The director of '47 Ronin' has been found guilty of defrauding Netflix out of $11 million, marking a significant legal setback for the filmmaker. The case highlights issues of financial misconduct within the entertainment industry, particularly in high-stakes contracts.

Bloomberg Markets reported on significant market movements, focusing on Oracle's credit risk, Broadcom's earnings, and Netflix's evolving financial strategy, which has led to its characterization as 'Debtflix.' The discussion featured insights from industry experts including Mark Benedetti and Ed Ludlow.

Laura Martin, a senior entertainment analyst at Needham & Co., discussed the competitive bids from Paramount and Netflix for Warner Bros. Discovery, highlighting the implications for regulatory approval and the entertainment industry. Paramount has made a hostile bid of $30 per share, while Netflix's agreement to acquire Warner Bros. is valued at approximately $72 billion.

President Trump has taken an unusual step by involving himself in the Department of Justice's review of a potential deal involving Warner Bros., which places additional pressure on antitrust chief Gail Slater. This involvement raises questions about the intersection of politics and corporate mergers in the entertainment industry.

HBO Max subscriber Michelle Fendelander has initiated a class-action lawsuit against Netflix, aiming to halt its merger with Warner Bros. Discovery, citing concerns over potential antitrust violations that could lead to irreparable harm in the streaming market.

President Trump has granted Nvidia permission to sell its H200 artificial intelligence chips to approved customers in China, lifting a previous export ban due to national security concerns. This decision includes a 25% surcharge on sales, marking a significant policy shift in U.S.-China tech relations.

Paramount Skydance has made a hostile bid to acquire Warner Bros. Discovery for $30 per share, a move that follows Netflix's recent agreement to purchase Warner Bros. Discovery for approximately $72 billion. Ross Gerber, CEO of Gerber Kawasaki, discussed this competitive landscape on Bloomberg Tech, highlighting his decision to sell his stake in Paramount Skydance while retaining his investment in Netflix.