$PSKY's taking a hit today following major news from the entertainment sector. Netflix just sealed a massive deal to acquire Warner Bros. Discovery in a transaction valued at $72 billion—and that figure includes the debt load. The streaming giant's aggressive expansion move is sending ripples across various markets, and crypto assets with media-related narratives aren't immune. Looks like investors are repositioning as traditional media consolidation heats up. This kind of cross-sector impact shows how interconnected markets have become. Keep an eye on how sentiment shifts over the next few sessions.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
SolidityNewbievip
· 14h ago
Starting to fleece again? As soon as Netflix made that $7.2 billion acquisition, even the crypto world got dragged down with it...
View OriginalReply0
MetaverseLandladyvip
· 14h ago
Acquired for $7.2 billion, Netflix is really about to take over half of the entertainment industry.
View OriginalReply0
MeaninglessApevip
· 14h ago
7.2 billion? Netflix is really crazy, traditional media money is easy to make.
View OriginalReply0
UncommonNPCvip
· 15h ago
$7.2 billion acquisition... Traditional media is even more valuable now. When will it be our crypto industry's turn for mergers?
View OriginalReply0
EthMaximalistvip
· 15h ago
A $7.2 billion acquisition is really outrageous. Traditional media are still fussing over these things—shouldn't we be buying the dip now?
View OriginalReply0
BoredApeResistancevip
· 15h ago
Dropped again, Netflix's $7.2 billion move is really ruthless.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)