NFLXNetflix, Inc.BATS:NFLXA3MInvestments📌 A real-life series has developed around the TV series production company. December 5, 2025: Netflix formally agreed to acquire WBD's studio business and streaming service HBO Max for $82.7 billion (or $27.75 per WBD share). The deal is expected to close in the third quarter of 2026, pending regulatory approval. December 8, 2025: Paramount Skydance made a hostile counteroffer directly to WBD shareholders. They want to buy the entire company, including cable channels (CNN, TNT Sports), for $108.4 billion ($30 per share). This is $25-18 billion more than Netflix's offer.