Quick question for the group because this whole $NFLX / $WBD / $PARA + Skydance situation is getting messy.

There’s chatter that Netflix won’t (or can’t) raise a counterbid to $35 because shareholders aren’t enthusiastic about acquiring Warner Bros. Some people treat this like a confirmed fact, others say it’s still very unclear and that’s where the confusion is.

If shareholder sentiment is weak and regulatory risk is real, why did $NFLX even pursue $WBD in the first place? Especially now that $PARA seems willing to push hard and position its bid as “superior.”

So what’s actually stopping Netflix shareholder pushback, valuation concerns, regulatory risk, or all of the above? Right now this feels more rumor-driven than settled.