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Paramount's $31 Bid Tops Netflix's $27.75 Offer for Warner Bros.

Published 4 days, 12 hours ago
Description

Paramount Skydance ups its bid for Warner Bros., offering thirty-one dollars a share, surpassing Netflixs twenty-seven dollars seventy-five cents. Netflix has four days to counter or concede in the battle for Warner Bros. studio and streaming assets. Paramounts deal includes fewer regulatory hurdles and a seven billion dollar breakup fee. The outcome could significantly reshape Hollywoods power dynamics.

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