🎬🔥 Netflix-WBD Merger Under Fire: Trump’s Antitrust Shock Ignites a Market Reversal

Barcode
12-09

$Netflix(NFLX)$ $Warner Bros. Discovery(WBD)$ $Paramount Skydance Corp(PSKY)$ 

📉 The Political Pendulum Has Turned Against $NFLX

I have traded antitrust-choked deals for decades. Some die quietly in boardrooms. Some die on live microphones. This one just stepped into the spotlight.

Trump publicly called out $NFLX’s $72B all-cash bid as a market share problem with 35%+ combined US streaming dominance. He also made it clear he will be involved in the decision.

This is especially notable after Trump recently praised $NFLX co-CEO Ted Sarandos during an Oval Office visit. Meanwhile, son-in-law Jared Kushner is backing $PSKY’s rival bid, shifting political capital away from $NFLX and toward a Trump-aligned alternative.

📊 Bloomberg pro-forma revenue charts show the combined entity overtaking every global streaming competitor, surpassing YouTube and Disney by a wide margin. Regulators do not ignore dominance that visible.

Rosenblatt immediately downgraded $NFLX citing protracted regulatory clearance. This shifted the merger from valuation play into election-driven power struggle. Kushner backing Paramount’s rival bid only tightens the political squeeze around Netflix.

This has gone from a valuation play to a political knife fight.

📊 Charts Confirm Money Has Fled the $NFLX Side

Latest session:

• Current 95.92

• Open 99.79 → high 99.82 → low 95.30

• –4.31% intraday

• 48.95M+ shares traded, high-conviction distribution

• Volume flowed on every breakdown

• $100 failed as structural and psychological support

Technical implications:

• Full 4H Bollinger mid-break → bear expansion

• All EMAs now bearishly stacked and accelerating lower

• If this volume persists, next target $92

Professionals have already moved. Retail is still arguing about content.

🎥📈 $WBD Is Now a Takeover-Momentum Chart

Recent price action:

• High 28.16, low 25.41

• 198M+ volume spike showing aggressive accumulation

• 90-day MA reclaimed

• Bullish Keltner expansion, rising EMAs

$PSKY’s hostile bid at $30 per share equates to ~$77.9B total value, outpacing $NFLX’s $27.75 per share collar. Former resistance is now a launch platform.

🏛️ Regulators Have More Ammunition Than $NFLX Can Afford

Market share maths:

• $NFLX 25% US subs

• $WBD’s HBO Max 8 to 10%

• Combined 35%+ dominance

This activates Sherman Act presumption of harm.

Trump’s vow to get personally involved turns a review into a blockade threat.

Forced asset sales destroy synergies.

A full block kneecaps $NFLX’s premium multiple.

This pivot was not in Sarandos’ briefing package.

🎯💣 $PSKY Has Shifted Negotiating Dynamics

Deal structure:

• $30 all-cash tender for $WBD

• ~$77.9B financing required

• $PSKY debt ~$15B

• FCF ~$0.3B

• $18B more cash to $WBD holders than $NFLX’s bid

• Kushner ties shift political leverage

The balance sheet maths says risk.

The psychological maths says $NFLX does not control the room any longer.

💰📈 Fundamentals Now Favour $WBD Even If $NFLX Walks

$NFLX margins:

• 10-year expansion into mid-20%

• World-class monetisation

• Now eroding under deal drag

$WBD improvements:

• >16% debt reduction since Dec 2022

• Quarterly cash build

• Stabilising core business even without takeover pricing

• Hostile bid raises the floor

Outcomes for $WBD:

Blocked deal → wins

$NFLX deal clears → wins more

$PSKY prevails → wins biggest

🧠🔥 This Trade Has the Highest Probability on My Board

I am short $NFLX and long $WBD.

Regulatory haze caps $NFLX upside.

Multiple bids propel $WBD.

Execution plan:

• Short $NFLX

• Long $WBD

• Risk sizing 2 to 3% max

• $NFLX risk marker 100

• $WBD risk marker 25

• Catalyst timing into early Q1, aligned with Trump’s review timeline

Better opportunities appear when markets price perfection.

Then politics destroys the storyline.

🧨 Polymarket Odds Have Collapsed

Real-money probabilities now price in failure:

• 16% chance Netflix closes the deal by end-2026

• −43% collapse in deal odds since Trump’s comments

• Pricing mirrors the AT&T-Time Warner delay spiral, where billions were wiped out on uncertainty alone

Arbitrage desks are now treating this as a low-probability closure with high political risk premium. That accelerates the bear pressure on $NFLX.

🏁💼 Conclusion: One Side Pays If This Fails. One Side Gets Paid Either Way

$NFLX must defend valuation.

$WBD does not.

I am positioned before the crowd connects the dots.

My conviction has rarely been this strong.

📢 Don’t miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets 🚀📈 I’m obsessed with hunting down the next big movers and sharing strategies that crush it. Let’s outsmart the market and stack those gains together! 🍀

Trade like a boss. Happy trading ahead, Cheers, BC 📈🚀🍀🍀🍀

@Tiger_comments @Daily_Discussion @TigerPicks @TigerWire @TigerStars @TigerObserver 

Netflix May Lose $90? Short NFLX & Long WBD?
Netflix lost near 15% in two weeks. While institutions upgrades Warner's price target. As the deal continues to develop, should we be bullish on WBD, bearish on NFLX, or look for an arbitrage opportunity?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Hen Solo
    12-09
    Hen Solo
    🌟 An excellent breakdown BC. I’m studying the order book behaviour on $Netflix(NFLX)$ Vanna positioning unwinds when spot pushes lower. That is accelerating downside structure. Your risk markers are smart. $Warner Bros. Discovery(WBD)$ looks constructive as long as the breakout holds and flows stay supportive. Market hates uncertainty and this is pure uncertainty. Execution window probably lines up with the DOJ timeline as you said.
  • Queengirlypops
    12-09
    Queengirlypops
    oh wow this post is insane yeah like Netflix was the cool kid now it is getting dragged by politics and vibes just flipped overnight and $Warner Bros. Discovery(WBD)$ shooting up like a meme rocket fr who expected that liquidity leaving the building sellers everywhere volatility spiking regulators coming this is like season 3 twist energy play the momentum regime yeah Netflix down WBD up popcorn ready 🎬📉📈🧃
  • Cool Cat Winston
    12-09
    Cool Cat Winston
    I agree with your merger read. The flow shift is clear. I am watching $Walt Disney(DIS)$ as a cross asset tell. If the Netflix deal drags, legacy streamers might catch momentum on a sector positioning reset. Your volatility note aligns with gamma pressure around that key 100 level. Structure shows sellers defending every intraday bounce. Support breaks leave liquidity pockets thin. Well spotted!
  • Kiwi Tigress
    12-09
    Kiwi Tigress
    ngl your post got me checking my $Netflix(NFLX)$ Netflix sub lol. like why is this deal such a mess. lowkey feels like everyone in politics wants a piece. yeah I see that 100 area and every time it goes near there sellers just smack it. kinda wild that WBD is the one with all the hype now. legit gonna keep watching this chart. crazy how markets move fast 💥📉📺
  • PetS
    12-09
    PetS
    Really sharp view BC. The asymmetric payoff resonates with me. I’m watching $Paramount Skydance Corp(PSKY)$ as that hostile bid adds a new layer. Liquidity rotation tells us volatility repricing is not finished. The deal delays could drag earnings sentiment lower for Netflix. The takeover momentum on $Warner Bros. Discovery(WBD)$ looks clean with rising EMAs and support confirmation. Great perspective!
  • Tui Jude
    12-09
    Tui Jude
    I’m tracking this closely. $Apple(AAPL)$ services exposure to content distribution could benefit if regulators block the merger and reset the competitive regime. Your chart interpretation is spot on. Failed resistance at 100 confirms the momentum flip. Macro also matters. Higher regulatory tension equals higher discount rate on growth multiples. Your short long spread idea reflects the right risk pricing.
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