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Netflix won’t be the new owners of Warner Bros. Discovery after all. Back in December, the company beat out Paramount with a huge $83 billion deal to acquire WBD, but today the company dropped its bid.
Despite Warner Bros. Discovery recognizing Netflix as the strongest offer in December, Paramount Skydance has continued to mount pressure on WBD to instead consider its evolving offer.
Netflix, Inc. today announced that it has declined to raise its offer for Warner Bros. Netflix…
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Netflix won’t be the new owners of Warner Bros. Discovery after all. Back in December, the company beat out Paramount with a huge $83 billion deal to acquire WBD, but today the company dropped its bid.
Despite Warner Bros. Discovery recognizing Netflix as the strongest offer in December, Paramount Skydance has continued to mount pressure on WBD to instead consider its evolving offer.
Netflix, Inc. today announced that it has declined to raise its offer for Warner Bros. Netflix…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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