Netflix stated Thursday afternoon that it has “declined to raise its offer for Warner Bros.” after the Warner Bros. Discovery board decided that Paramount has submitted a “superior” supply.
The announcement signifies that Paramount has abruptly moved a lot nearer to taking on CNN and the remainder of the property owned by WBD.
0:00 Netflix declines to lift supply for WBD
2:50 White House affect on the deal
4:11 Paramount’s 4 concessions
5:21 Regulatory alerts
6:55 Effects on journalism
Watch extra CNN right here: https://cnn.it/4kh5RPe
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