Netflix walks away from Warner Bros deal, clearing the path for Paramount

Netflix walks away from Warner Bros deal, clearing the path for Paramount

Netflix is declining to raise its offer to buy Warner Bros. Discovery’s studio and streaming business, in a stunning move that effectively puts Paramount in a position to take over its storied Hollywood rival. On Thursday, after Warner’s board announced that …

Netflix is declining to raise its offer to buy Warner Bros. Discoverys studio and streaming business, in a stunning move that effectively puts Paramount in a position to take over its storied Hollywo… [+4644 chars]

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Netflix walks away from Warner Bros deal, clearing the path for Paramount - FHMnews