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.
During its Unpacked event today, Samsung announced three new Galaxy S-series phones as well as the latest generation of its earbuds, the Galaxy Buds 4 and Galaxy Buds 4 Pro. Pre-orders are now open and the new devices are set to ship March 11. As expected, this year’s models aren’t drastically different from last year’s, but all the phones are equipped to better handle the Galaxy AI experiences such as Now Nudge that offers suggestions based on your activities and a more conversational assitant in Bixby (or Gemini or Perplexity depending on your preferance).
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