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Netflix ditches Warner Bros. Discovery deal after Paramount offer deemed superior
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Netflix ditches Warner Bros. Discovery deal after Paramount offer deemed superior

Suhas Bhokare5 months ago5 months ago04 mins

Netflix is strolling away from a deal to purchase Warner Bros. Discovery’s studio and streaming property after the WBD board on Thursday deemed a revised bid by Paramount Skydance to be a superior offer. Earlier this week, Paramount raised its bid to purchase the whole lot of WBD to $31 per share, up from $30…

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