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CNNParamount Skydance to Acquire Warner Bros. Discovery After Netflix Withdraws $83B Bid
Netflix declined to match Paramount Skydance's $111 billion offer for Warner Bros. Discovery, ending a months-long bidding war. The deal, backed by billionaire Larry Ellison and led by his son David Ellison, would merge two major Hollywood studios and multiple news networks, but faces regulatory scrutiny and concerns about media consolidation.




























































































