Activist investor Ancora pushes Warner Bros to walk away from Netflix deal, WSJ reports

Netflix, Inc. -2.11% Post
Paramount Skydance Corporation Class B -3.78% Post
Warner Bros. Discovery, Inc. Series A +0.18% Post

Netflix, Inc.

NFLX

94.89

94.16

-2.11%

-0.77% Post

Paramount Skydance Corporation Class B

PSKY

9.94

9.95

-3.78%

+0.10% Post

Warner Bros. Discovery, Inc. Series A

WBD

27.81

27.71

+0.18%

-0.36% Post

- Activist investor Ancora Holdings has built a roughly $200 million stake in Warner Bros Discovery WBD.O and plans to oppose Warner's deal to sell its prized TV and film assets to Netflix NFLX.O, the Wall Street Journal reported on Tuesday.

Reuters could not immediately verify the report.


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