According to @garyblack00, citing the New York Post, PSKY is likely to raise its offer for WBD by 10% to $33 per share, creating a higher reference price for merger-arbitrage trading levels (New York Post). The New York Post report also notes WBD would owe a $2.8 billion breakup fee to NFLX if it ends their merger talks and references prior terms of a $30 per share cash bid from PSKY and a $27.75 per share cash-and-stock proposal from NFLX (New York Post; @garyblack00).

According to Gary Black, he shared a document containing comments from the UBS conference held on Dec 8 that pertain to Netflix (NFLX) and Warner Bros. Discovery (WBD), highlighting these tickers for trader review. Source: Gary Black on X (Dec 9, 2025). The post provides a primary-source link for the UBS conference commentary but does not disclose specific KPIs, guidance, or numerical takeaways within the tweet itself. Source: Gary Black on X (Dec 9, 2025). The source does not reference any cryptocurrency assets or crypto market impacts in the shared note or tweet. Source: Gary Black on X (Dec 9, 2025).

According to @garyblack00, Paramount has launched a hostile $30 per share all-cash offer for all of WBD, which he says would face fewer regulatory issues than NFLX’s $27.75 per share bid comprised of $23.25 cash and $4.50 in NFLX stock, with the Ellison-backed PSKY proposal offering $18 billion more in cash, likely closing faster, and covering all of WBD including the global networks being spun off while the NFLX offer imputes $3 per share to that spinoff; source: Gary Black on X, Paramount investor relations ir.paramount.com/node/72176/pdf. He adds that this competitive pressure could push NFLX to raise its offer for WBD, and the source cites no direct cryptocurrency market impact; source: Gary Black on X.

According to @StockMKTNewz citing CNBC, Paramount Skydance (PSKY) has launched a hostile, direct-to-shareholders bid for WBD with an all-cash $30-per-share offer. According to @StockMKTNewz, this is the same proposal WBD rejected last week, per CNBC. According to @StockMKTNewz, the move follows Netflix winning the prior bidding war, as reported by CNBC. The source did not provide additional terms, timing, or regulatory details, and did not cite any direct crypto market implications, per @StockMKTNewz citing CNBC.

According to @CNBC, the latest CNBC Daily Open highlights a Netflix-Warner Bros deal with a Trump twist as a key market story for Dec 8, 2025, positioning it as a trading focus today for U.S. investors (source: @CNBC post on X, Dec 8, 2025; source: CNBC article link shared by @CNBC). Equity traders can monitor Netflix (NFLX) and Warner Bros. Discovery (WBD) price action for headline-driven volatility and any disclosed deal terms referenced by CNBC, which can influence intraday risk appetite (source: @CNBC post on X, Dec 8, 2025). Crypto participants can track whether shifts in U.S. equity risk sentiment around this story align with intraday moves in BTC and ETH to calibrate beta exposure and manage event-driven risk (source: @CNBC post on X, Dec 8, 2025).

According to @garyblack00, CNBC reported on Dec 5, 2025 that Paramount Skydance (PSKY) is evaluating a higher all-cash offer for Warner Bros. Discovery (WBD) after its prior $30 per-share bid, which included a $5 billion breakup fee to address regulatory risk (source: CNBC via @garyblack00 on X). According to CNBC, Paramount alleges Warner Bros. did not properly consider the $30 cash offer and is weighing a direct appeal to WBD shareholders with an improved bid potentially above $30 (source: CNBC). According to CNBC, WBD shares rose about 3% to $25.37 after the report, implying roughly 18% upside to $30 and about 26% to a hypothetical $32 based on CNBC’s cited price (source: CNBC). According to @garyblack00, if PSKY lifts the bid to $32 all cash, both WBD (cited at $25.75) and Netflix (NFLX, cited at $99.70) could move higher as investors discount lower odds of NFLX winning (source: @garyblack00 on X). According to CNBC, the potential move to go directly to shareholders represents a near-term corporate action catalyst that merger-arbitrage desks can trade against the reported price levels and offer terms (source: CNBC). According to CNBC, the report contains no crypto-related disclosures for PSKY, WBD, or NFLX, indicating no direct cryptocurrency linkage in this event setup (source: CNBC).

According to @StockMKTNewz, citing Bloomberg, Warner Bros. Discovery (WBD) has begun exclusive sale talks with Netflix (NFLX) (source: Bloomberg via @StockMKTNewz). The post provides no details on the specific assets, terms, valuation, or timeline, and no official company statements are referenced in the item (source: @StockMKTNewz post). Tickers referenced: WBD, NFLX (source: @StockMKTNewz post).

According to @StockMKTNewz, Universal’s CMCSA film Wicked: For Good earned an estimated $150 million domestically in its first three days and $226 million globally. Source: @StockMKTNewz citing CNBC. This ranks as the second-highest opening weekend for a 2025 release, trailing only Warner Bros Discovery’s WBD A Minecraft Movie. Source: @StockMKTNewz citing CNBC. The report did not mention any cryptocurrency market impact; the update is primarily relevant to equity traders tracking CMCSA and WBD on box office performance. Source: @StockMKTNewz.

According to @StockMKTNewz, streaming services have raised prices by 23% to 172% since 2019, citing Leverage Shares on X as the data source. source: @StockMKTNewz on X; Leverage Shares on X For traders, the reported price hikes highlight pricing power and ARPU levers to monitor in earnings and KPIs, alongside churn sensitivity and ad-supported tier adoption across streaming-exposed equities and ETFs. source: @StockMKTNewz on X; Leverage Shares on X For crypto markets, traders may track risk sentiment alongside these services price changes as a macro input when positioning in BTC and ETH. source: @StockMKTNewz on X; Leverage Shares on X

According to @StockMKTNewz, Warner Bros. Discovery WBD jumped about 35% after a CNBC report stated Paramount Skydance PSKY is preparing a takeover bid, per CNBC. For cross-asset traders, Bitcoin’s correlation with U.S. equities tends to rise during risk-on episodes, a dynamic documented by Kaiko Research that keeps BTC and ETH in focus when large-cap stocks rally on deal headlines, per Kaiko Research.