Some of the biggest names in music are performing at the Brit Awards this weekend. Sure, there are a lot of awards to be presented, but that's not really what the Brits is about. It's about incredible performances, risqué jokes from the host, and celebrities behaving very badly. It's always a messy night (in the best kind of way).
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Such a public battle could have left everyone involved bruised. But investors seem to have decided that no one lost, rewarding all three companies. Least surprising was the 12% leap in Netflix’s stock price on news of the deal. Wall Street had thought all along that WBD was an overpriced acquisition. (Netflix would have paid $83 billion to WBD.) Investors were glad to see the streamer put aside its ambition of owning the traditional Hollywood studio. As for WBD itself, investors clearly felt Paramount was paying a decent price for the entire company. On news of the deal, WBD stock barely budged; it was almost exactly where it had been in December when the whole fray began.
Андрей Шеньшаков