Netflix Breaks From ‘Build, Not Buy’ With Warner Bros. Deal

Ted Sarandos, co-CEO of Netflix, has transitioned from being perceived as an underdog in Hollywood to becoming a significant figure in the industry, reflecting his rise from a video store manager in Arizona to a leading mogul. This transformation highlights the evolving landscape of entertainment and the impact of streaming services on traditional media.

HPE CEO Antonio Neri reported that the company's sales for AI servers have not met expectations, despite the readiness of these servers as data centers become available. This announcement was made during an interview on Bloomberg Tech with Caroline Hyde and Ed Ludlow.

Bitcoin is experiencing a significant downturn, marking its first yearly decoupling from stocks, as profit-taking by long-term holders contributes to the ongoing crypto pullback. Aya Kantorovich, co-CEO of August, discussed these trends and her predictions for 2026 on Bloomberg Tech.

Netflix and Warner Bros. Discovery are in the process of finalizing a deal that is expected to be more complex than previous industry negotiations, as highlighted by Jon Klein, co-founder of Hang Media. The discussions reflect the evolving landscape of streaming services and the competitive pressures faced by Netflix from platforms like YouTube.

SpaceX is preparing to sell insider shares, potentially valuing the company at over $500 billion, surpassing OpenAI's previous record. This move reflects strong investor interest and confidence in Elon Musk's aerospace venture, as reported by Bloomberg's Ed Ludlow.

Netflix has agreed to acquire Warner Bros. Discovery in a landmark deal valued at approximately $83 billion, which will significantly enhance its library of prestigious television and film content, including iconic franchises like Batman and Game of Thrones. This acquisition marks a pivotal moment in the streaming industry, potentially concluding the ongoing streaming wars.

Wall Street is preparing to lend significant amounts to leading players in artificial intelligence (AI) while simultaneously seeking strategies to mitigate risks associated with potential market bubbles that this financing may create. This proactive approach reflects the growing financial commitment to AI advancements.

Netflix has announced plans to acquire Warner Bros. Discovery for approximately $72 billion, which includes popular assets such as HBO Max, DC Comics, and the Harry Potter franchise. This acquisition is expected to undergo regulatory scrutiny as it could significantly alter the competitive landscape of streaming services and movie theaters.