CNBC Daily Open: Netflix bows out from Warner Bros. Discovery bidding war

CNBC Daily Open: Netflix bows out from Warner Bros. Discovery bidding war

Netflix on Thursday stateside said it declined to raise a counteroffer for Warner Bros. Discovery's studio and streaming assets.

In the latest plot twist of the high-stakes bidding war for Warner Bros. Discovery, Netflix said Thursday it would not increase a counteroffer for the company's studio and streaming assets, effective… [+3788 chars]

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CNBC Daily Open: Netflix bows out from Warner Bros. Discovery bidding war - FHMnews