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Netflix has dropped out of the bidding war for Warner Bros. Discovery (WBD), making Paramount Skydance the expected owner of WBD. A Paramount-WBD merger remains subject to regulatory approval, but ...
Warner Bros. Discovery has just jilted Netflix after receiving what it calls a “superior offer” from Paramount. WBD and Netflix announced their deal December 5. Paramount, which had been pursing ...
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