Netflix, Inc.

The streaming giant has spent two years building live sports capabilities, culminating in tonight's highest-stakes broadcast. - Successfully broadcast Skyscraper Live despite streaming issues and widespread commentary criticism; viewership figures pending

Alex Honnold completed the first ropeless ascent of Taipei 101 on January 25, 2026, summiting all 1,667 feet in 1 hour, 31 minutes, and 40 seconds. The climb—broadcast live on Netflix to a global audience—represents the highest urban free solo in history. After two weather postponements, Honnold navigated glass, steel, and concrete surfaces far smoother than the rock walls he typically climbs, battling increasing wind as he ascended. Cheers erupted from street-level crowds as he reached the spire. His immediate reaction upon summiting: "Sick."

Updated Jan 26

Netflix is a U.S.-based subscription video‑on‑demand service and studio with more than 300 million global paid memberships, widely considered the market leader in subscription streaming. - Acquirer; dominant global subscription streaming platform

On December 5, 2025, Netflix and Warner Bros. Discovery (WBD) announced a definitive deal for Netflix to acquire Warner Bros.' film and television studios plus its premium and streaming businesses, including HBO and HBO Max, in a transaction valued at roughly $72 billion in equity and $82.7 billion including debt. On January 20, 2026, the parties amended the agreement to an all-cash structure at the same $27.75 per share price, accelerating the timeline for a shareholder vote now expected by April 2026. The deal follows WBD's June 2025 decision to split into two public companies—Warner Bros. (studios and streaming) and Discovery Global (cable networks)—and caps a months-long auction in which Netflix outbid Paramount Skydance and Comcast. In the weeks following the announcement, Netflix co-CEO Ted Sarandos met personally with President Donald Trump at the White House, while rival Paramount Skydance launched a $108 billion hostile tender offer that WBD's board has repeatedly rejected.

Updated Jan 24

Netflix is the world’s largest subscription streaming service, increasingly moving into live events and large‑scale content acquisitions to maintain its dominance. - Signed acquirer of WBD’s studios and streaming division; rival bidder to Paramount

In late 2025, Warner Bros. Discovery (WBD) put itself in play, triggering a rare open bidding war over a century-old Hollywood studio and one of the world's most valuable content libraries. After months of private and public offers from Netflix, Paramount Skydance and Comcast, WBD's board agreed on December 5, 2025 to sell its studios and streaming arm—including HBO, DC, and the Warner Bros. film and TV operations—to Netflix in a $72 billion cash‑and‑stock deal, leaving its cable networks such as CNN outside the transaction.

Updated Jan 6

Netflix is a U.S.‑based global streaming giant, operating in more than 190 countries and known for pioneering subscription video‑on‑demand and original streaming content. - Acquirer; largest global subscription streaming platform

After Netflix and Warner Bros. Discovery announced their $72 billion equity-value agreement on December 5, the transaction quickly became a live bidding contest and a regulatory test case. On December 8, Paramount Skydance launched an unsolicited all-cash tender offer for all of WBD at $30 per share, seeking to derail the Netflix deal and keep the company intact (including the networks slated for the Discovery Global spin-off). Within days, Netflix began a coordinated shareholder push backing its signed merger agreement and emphasizing regulatory execution, while WBD prepared formal filings to respond to the tender offer.

Updated Dec 11, 2025