Paramount Skydance Poised to Acquire Warner Bros. Discovery After Netflix Bows Out of Bidding War

Paramount Skydance is poised to acquire Warner Bros. Discovery in its entirety after a whirlwind afternoon in which Netflix dropped out of the hunt despite having reached an agreement in December to acquire most of WBD. Netflix on Thursday afternoon formally declined to increase its offer for Warner Bros. Discovery after the WBD’s declared Paramount […]