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ID: 55510050 Video

Headline: Paramount Skydance Wins Bidding War for Warner Bros Discovery

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Paramount Skydance has emerged victorious in the battle to acquire Warner Bros Discovery after Netflix declined to raise its offer. Netflix said matching Paramount’s latest $31-per-share bid no longer made financial sense, walking away from the deal.

Keywords: Current affairs & Politics,Paramount Skydance,Warner Bros Discovery,Netflix,$31-per-share bid,David Zaslav,HBO Max,Paramount+,CNN,CBS,Larry Ellison,media merger,antitrust scrutiny,regulatory review

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