Netflix shares fall 4% as co-CEOs go on defensive over $83 billion Warner Bros deal

📅 Published: January 21, 2026 | 📂 Category: Uncategorized

Netflix’s co-CEOs found themselves in an unusual position after the company’s latest earnings ⁠report: on the backfoot. The streaming pioneer’s decision to plunk down nearly $83 billion on Warner Bros’ assets marks a significant departure from the company’s long-standing mantra: build, don’t buy.

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