Netflix isn’t buying Warner Bros. after all — Paramount is
via polygon.com
Short excerpt below. Read at the original source.
Netflix’s plan to snap up Warner Bros. for $82.7 billion has been successfully foiled by rival Paramount Skydance, following an unusual bidding war. According to a report from Reuters, Warner Bros. Discovery has agreed to be acquired by Paramount Skydance as part of a $110 billion deal that was signed Friday morning.