Weekly Wrap: Netflix Cuts In On Paramount’s Dance With Warner Bros Discovery
Welcome back to Friday! This is our weekly wrap-up of economic, financial, and business news—proving that you can never step into the same stream twice.
It’s been quite a week in the world of media mergers and macroeconomic vindication. Netflix shocked everyone by convincing Warner Bros Discovery to sell it the good parts of the company for less than Paramount Skydance’s bid for the entire business. Does that count as deflation? Meanwhile, in news that will shock absolutely no one who’s been paying attention, inflation expectations continued their steady decline and consumer sentiment is creeping upward, particularly among independents, suggesting that voters might not be sharpening their pitchforks for Republicans ahead
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