Rich Greenfield, LightShed Partners co-founder, believes the economics of the transaction are likely to weigh on Netflix before they help in the long term.

CNBC's 'Squawk Box' crew and David Faber report on the latest news from Warner Bros. Discovery and Netflix.

Rich Greenfield, LightShed Partners co-founder, believes the economics of the transaction are likely to weigh on Netflix before they help in the long term.

Jeff Kilburg on how he's trading the uncertainty around the Netflix Warner Bros. purchase.

Josh Brown, a long-term Netflix bull, said on CNBC Friday afternoon that he had cut his position in the streamer by 85%.