Paramount Edges Out Netflix in Warner Bros Bid War

Paramount outbids Netflix in Warner Bros takeover deal, marking a major shift in Hollywood media merger and streaming industry competition.

Paramount Edges Out Netflix in Warner Bros Bid War Netflix has stepped back from its plan to acquire Warner Bros. Discovery. As a result, it effectively cleared the path for Paramount Skydance to gain control of one of the Hollywood’s most storied studios after a months-long contest. On Thursday, Warner Bros said that Paramount’s revised … Read more