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

By Thomson Reuters Feb 10, 2026 | 7:17 PM

Feb 10 (Reuters) – Activist investor Ancora ​Holdings ‌has built a roughly $200 million ‌stake ​in ⁠Warner Bros ⁠Discovery and plans to oppose Warner’s ​deal to ⁠sell ⁠its prized ​TV and ​film assets to ‌Netflix, the Wall Street ⁠Journal reported on Tuesday.

Reuters could ⁠not ‌immediately ⁠verify ​the ‌report.

(Reporting by ​Fabiola Arámburo ⁠in Mexico City; Editing by Rashmi ​Aich)