Paramount may have won the bidding for Warner Bros. Discovery, but the regulatory and political scrutiny is not over. Hours after Netflix announced that it would not offer a rival bid, California’s Attorney General Rob Bonta was out with a statement, reminding that his office still has a role in examining the merger, as attention has focused on the Trump Justice Department. “These two Hollywood titans have not cleared regulatory scrutiny — the California Department of Justice has an open investigation, and ...

Partnership Overview - Apple and Netflix have formed a partnership to co-broadcast the Formula 1 Canadian Grand Prix, allowing U.S. fans to watch the live race on both platforms simultaneously [1] - Netflix subscribers will have access to the full race weekend, including practice, qualifying, and the Grand Prix on May 24 [1] Content Promotion - The partnership includes cross-promotion of Netflix's series "Drive to Survive," with the eighth season available to Apple TV subscribers in the U.S. and Netflix users globally, expanding its audience significantly [2] - Season 8 of "Drive to Survive," which covers the 2025 Formula One World Championship, premiered on February 27 [2] Cultural Impact - Formula 1's popularity in American culture is growing, highlighted by Brad Pitt's F1 film being nominated for Best Picture at the Academy Awards [3] - "Drive to Survive" has attracted a diverse audience, transforming the sports docuseries format and bringing in millions of new fans [3] Broader F1 Strategy - Apple's broader ambitions in F1 include promoting the sport across various platforms such as Apple News, Apple Maps, Apple Music, and Apple Fitness+, as well as in retail stores [4] - Netflix is expanding into live sports broadcasting, having previously shifted from a "no-sports" stance to acquiring rights for major events like NFL Christmas games and WWE Raw [4] Financial Aspects - The partnership is part of Apple's multi-year deal with Formula 1, where Apple TV replaces ESPN as the exclusive U.S. broadcaster for all 24 races, valued at approximately $150 million per season, up from ESPN's $85 million [6] - The previous partnership with ESPN achieved an average viewership of 1.3 million in its final year [6]

Market Overview - The stock market is experiencing significant declines, with the Dow down 600 points (-1.21%), S&P 500 down 66 points (-0.96%), Nasdaq down 272 points (-1.09%), and Russell 2000 down 42 points (-1.58%) [1] - The market is near historical highs, suggesting the current sell-off may be a "re-positioning" ahead of the weekend [2] Inflation Data - January's Producer Price Index (PPI) showed a month-over-month increase of +0.5%, exceeding expectations by 20 basis points and marking the highest increase since September [3] - Year-over-year headline PPI decreased slightly to +2.9%, while core PPI rose to +3.6%, the largest gain in nearly a year, indicating persistent inflation pressures [4] Oil Market - Increased U.S. military presence near Iran has raised concerns about Middle Eastern oil supply, particularly affecting the Strait of Hormuz [5] - Oil prices have risen by $2 per barrel to $67.70, the highest since July, reflecting geopolitical tensions [6] Corporate Developments - OpenAI has secured a $110 billion investment, raising its valuation to $730 billion, with Amazon contributing $50 billion and forming a multi-year partnership [7] - Paramount Skydance has successfully completed a hostile takeover of Warner Brothers Discovery for approximately $110 billion, following Netflix's withdrawal from a merger bid [8] - Block's shares increased by 16% after CEO Jack Dorsey announced layoffs affecting 4,000 employees, citing AI's capability to perform many tasks previously done by humans [9]

Group 1: Share Buyback Details - Sanoma Corporation executed a share buyback on 27 February 2026, acquiring 18,500 shares at an average price of EUR 9.0766 per share, with a total cost of EUR 167,917.10 [1] - The highest price per share during the buyback was EUR 9.1600, while the lowest was EUR 8.9800 [1][2] Group 2: Company Overview - Sanoma holds a total of 981,733 of its own shares, including those acquired on 27 February 2026 [2] - The company operates across Europe, employing close to 5,000 professionals, and reported net sales of approximately EUR 1.3 billion in 2025 with an adjusted operating profit margin of 14.4% [5] Group 3: Business Strategy and Focus - Sanoma aims for organic growth in K12 education and plans to accelerate this growth through value-creating mergers and acquisitions [4] - The company emphasizes the responsible use of AI while maintaining human oversight and is committed to sustainability, aligning with the UN Sustainable Development Goals [4]

Warner Bros. Discovery, Inc. (NASDAQ:WBD) shares are trading lower Friday after Netflix, Inc. (NASDAQ:NFLX) announced that it declined to raise its offer to acquire the company.Warner Bros. stock is showing downward bias. What should traders watch with WBD?Netflix Declines To Match Paramount Skydance BidIn a statement from co-CEOs Ted Sarandos and Greg Peters, Netflix said it would not match the revised bid."The transaction we negotiated would have created shareholder value with a clear path to regulatory a ...

The Harbor Capital Advisors released its “Mid Cap Value Fund’s” Q4 2025 investor letter. A copy of the letter can be downloaded here. Harbor Mid Cap Value Fund, subadvised by LSV Asset Management, delivered solid outperformance in the fourth quarter of 2025, with the Institutional Class returning 4.07% versus 1.42% for the Russell Midcap Value Index, benefiting from strength in value stocks as the Russell Midcap Growth Index declined 3.7% during the period. U.S. equities broadly advanced, with the S&P 500 ...

All right, let's bring in Kevin Green, senior markets correspondent right away to help set up the action today. Uh, so it looks like there will be pressure today, at least starting out the gate. What's your take on what to expect today, KG.>> Yeah, Diane, I think this is actually uh very healthy for the market. We have obviously been at a comp a compression type of range here and right before Nvidia's earnings, we were actually hitting the upper end of resistance when you're looking at the S&P 500. We got a ...

Warner Brothers Discovery (NASDAQ:WBD) is a major player in the entertainment industry, known for its vast library of films and television content. Recently, Raymond James downgraded WBD from an "Outperform" to an "Underperform" rating, with the stock priced at $28.80. This downgrade comes amid significant developments in the media acquisition landscape.Netflix Inc. has withdrawn its bid to acquire Warner Bros Discovery, allowing Paramount Skydance to proceed with its $111 billion acquisition. Netflix cited ...

Market Analysis by covering: Paramount Skydance Corp. Read 's Market Analysis on Investing.com ...

Feb 27 - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Sign up here. Hello Morning Bid readers! Speaking of energy, one would have needed a lot of it to stay up though all of President Donald Trump's State of the Union address on Tuesday, which clocked in at a record one hour and 47 minutes. It offered little in the way of new ideas for addressing Americans' affordability concerns, with the exception of a plan to boost Americans' retirement ...