Netflix Shares Tank After WB Deal Uncertainty, Here’s What Happens Next

Tanked is a strong word, is 3.4% a ‘tank’?

Netflix (NFCKS) investors have just revealed that they’re skeptical whether a $72 billion dollar buyout of Warner Brothers is a good idea, considering they can’t even afford to allow password sharing.

Couple that with the Paramount’s $108 billion in dollars hostile counteroffer and then couple that again with Trump’s not-so-subtle hints about an uphill regulatory battle and you can see why they’re squirming.

Oh and then couple all that again with disappointing third-quarter earnings and since October 21, Netflix stock is down 20%.

Tu-DUM.

“A higher bid by Paramount makes it more likely that either Netflix has to increase its price or walk away,” said, Uday Cheruvu the portfolio manager of Netflix share owners Harding Loevner. But the question is is it even worth getting into a bidding war with the second richest man’s son after you already won and if the deal might not even go through at the other end?

Oh, just what’s a billion-dollar corporation to do!

Netflix? More like bag-of-dicks!

Shall I make matters worse? Ok, I’ll make matters worse. On the Paramount side of this war is another Trump ally, son-in-law Jared Kushner whose finance company has co-financed Paramount’s new bid.

I wonder which way the famously impartial Donald Trump will lean?

Idk, if I were Netflix, I’d just walk away from the deal. Lots of people were sceptical about the name Warnetflix Brothers anyway. I think the only people pro the deal were the rabid fans campaigning for a Stranger Things/Game of Thrones crossover. I mean, I ship Jon Snow and the demogorgon as much as the next guy, but I can live without it.

There are a lot of plates in the fire here, so we’ll just have to wait and see who’s going to juggle them all without them smashing.

But until then, you just KNOW that I’m going to milk this story for all the content I can get. Fingers crossed it never ends…

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