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fromThe Atlantic
17 hours ago
Media industry

Netflix Just Avoided a Huge Headache

Netflix withdrew from bidding for Warner Bros. Discovery, causing its stock to rise as investors viewed the deal as misaligned with the company's core streaming business model.
fromwww.aljazeera.com
21 hours ago
Television

Netflix stock surges as it walks away from Warner Bros deal

Netflix withdrew from bidding for Warner Bros Discovery assets after Paramount raised its offer to $31 per share, with Netflix declining to match and citing loss of financial attractiveness, causing Netflix stock to surge over 10 percent.
more#netflix-acquisition-strategy
Media industry
fromwww.cbc.ca
1 day ago

Netflix backs away from offer to buy Warner Bros. | CBC News

Netflix withdrew its bid for Warner Bros. Discovery assets after Paramount Skydance raised its offer to $31 per share, making Netflix's $27.75 offer financially uncompetitive.
fromenglish.elpais.com
2 months ago

Netflix vs. Paramount: Inside the blockbuster battle to become the new king of Hollywood

It's a cold Tuesday in early November, and Sarandos, 61, has arrived at the launch party for Netflix's new business in a small town just outside Philadelphia called King of Prussia, home to a massive shopping mall of the same name. There, the media group has opened its latest venture: a themed entertainment center featuring a restaurant, store, game rooms, an escape room, and other attractions inspired by characters from its most popular series such as Squid Game, K-Pop Demon Hunters, One Piece, and Wednesday.
Media industry
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