Netflix Walks Away From Warner Bros.
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God doesn’t slam a door on one Monopoly without opening a window for another. This is per Deadline, which reports that Netflix—fresh off getting bullied out of its intended plans to buy Warner Bros. Discovery,
The streamer saved more than money by giving up on Warner Bros. Discovery.
This week, return to Jurassic World and explore the criminal underbelly of Paris, as well as the dark heart of an obsessed female professor.
Ellison father and son viewed deal as a matter of survival to compete with tech giants that now dominate Hollywood
Studio Lambert, the company behind The Traitors, beat out more than 40 other companies to land rights to produce a game show based on Monopoly.
Netflix quickly exits Warner Bros. Discovery bidding war, declining to match Paramount Skydance's offer after just over an hour of consideration.
Buying WBD for $83bn would have cost the streaming giant financial flexibility and its ability to take on YouTube
Things in media M&A land continue to move fast with Netflix revealing that it is $2.8 billion richer after receiving the funds from Paramount.