Netflix Amends Warner Bros. Deal, Trump Heads to Davos, More
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What is Netflix's amended deal with Warner Bros. about?
News when you want it with Bloomberg News Now. I'm Karen Moscow, and we're going to bring you the latest on the president's push to take control of Greenland in just a moment. But first, breaking news on the battle to buy Warner Brothers Discovery. Netflix has reached an amended all-cash agreement to buy Warner Brothers Discovery's studio and streaming business as it battles Paramount's Skydance to acquire one of Hollywood's most iconic entertainment companies. Netflix, which previously agreed to pay $27.75 a share in cash and stock for the Warner assets, will pay the full amount in cash. That confirms an earlier Bloomberg News report on the revised terms. Warner Bros. plans to call a special meeting of shareholders to approve the deal, and the date for the vote wasn't set.
How is President Trump addressing his Greenland ambitions at Davos?
President Trump is bringing his push to take control of Greenland to the World Economic Forum in Davos. The president says he plans to hold a meeting with various parties on the issue, and he's dismissing European pushback to his ambitions.
I don't think they're going to push back too much. Look, we have to have it. They have to have this done. They can't protect it.
What are the European leaders' reactions to Trump's Greenland plans?
President Trump spoke with reporters in Miami. French President Emmanuel Macron has discussed unleashing the EU's toughest trade tools in response to the president's threats, but German Chancellor Friedrich Merz has tamped down that idea. Treasury Secretary Scott Besant urging allies to remain calm over Greenland, though Secretary was asked about reports that Europe could dump U.S. treasuries in response to the president's threats.
There is no talk in European governments. This was a report written by Deutsche Bank that this could happen. The media has latched onto this. I think it is a completely false narrative. It defies any logic, and I could not disagree more strongly on that.
And speaking on the Davos sidelines, Treasury Secretary Scott Besson urged all countries to stick to their existing trade deals with the U.S., and he said America's commitment to NATO is unquestioned. President Trump is taking a swipe at French leader Emmanuel Macron for rejecting an invitation to back his latest peace initiative.
What challenges is Ukrainian President Zelensky facing during the Davos conference?
He suggests he could impose a crushing tariff on champagne in retaliation.
nobody wants it because he's going to be out of office very soon so you know that's all right what i'll do is if they feel like costo i'll put a 200 tariff on his wines and champagnes and he'll join but he doesn't have to join president trump is confirming that he invited russian president vladimir putin to join a proposed board of peace for gaza china also says trump sent it an invitation to join
Ukrainian President Volodymyr Zelensky is saying he'll likely scrap plans to attend the World Economic Forum as he oversees the nation's response to Russian airstrikes that have left vast swaths of Kyiv without heating and water. Zelensky said he needs to be in Kyiv to coordinate the emergency as temperatures in the capital remain well below freezing. He said he may revive plans to travel to the conference in Davos, Switzerland tomorrow. if negotiators pressing for Western-backed security guarantees and an end to the four-year war produce an agreement that can be signed. Treasury Secretary Scott Besant is criticizing Federal Reserve Chair Jerome Powell over his plans to attend a Supreme Court hearing regarding the president's attempt to dismiss a central bank governor.
I actually think that's a mistake, because if you're trying not to politicize the Fed, for the Fed chair to be sitting there trying to put his thumb on the scale is a real mistake.
Ambassador made the comments in an interview with CNBC, and it comes ahead of a Supreme Court hearing scheduled for Wednesday over President Trump's efforts to oust Fed Governor Lisa Cook. It's been a year now since President Trump returned to the White House, and investors are taking stock of how U.S.
What criticism is Treasury Secretary Scott Besant directing at the Federal Reserve?
markets have performed during the past 12 months. We get more with Bloomberg's John Tucker. John.
Stocks worldwide, once the U.S.
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Chapters
6 chapters
1
What is Netflix's amended deal with Warner Bros. about?
0:01–0:45
2
How is President Trump addressing his Greenland ambitions at Davos?
0:45–1:04
3
What are the European leaders' reactions to Trump's Greenland plans?
1:04–2:03
4
What challenges is Ukrainian President Zelensky facing during the Davos conference?
2:03–3:39
5
What criticism is Treasury Secretary Scott Besant directing at the Federal Reserve?
3:39–4:58
6
How have U.S. markets performed during Trump's presidency?
4:58–5:46
Speakers
3 identifiedMore from Bloomberg News Now
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