Prediction markets are putting cold water on the Netflix-HBO merger rumors. According to on-chain betting data, traders are only giving this deal a 20% chance of happening. That's pretty bearish sentiment when you think about it.

The market's speaking loud here - most participants don't see this partnership materializing anytime soon. Whether it's regulatory hurdles, valuation gaps, or just strategic misalignment, the crowd's not buying the hype.

Interesting how decentralized prediction platforms are becoming real-time sentiment gauges for mainstream corporate moves now.