"Entirely expected": Netflix responds to Paramount's hostile takeover bid for Warner Bros.
Media Industry,Netflix,CEOs,Paramount,Warner Brothers,Arts And Entertainment
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AllSides Media Bias Rating: Lean Left
Netflix co-CEO Ted Sarandos said Monday that the company is "super confident" in finalizing its deal to buy studio and streaming assets of Warner Bros. Discovery for nearly $83 billion.
Why it matters: The remarks follow Paramount Skydance launching a hostile takeover bid to buy WBD's assets, after Netflix had bested it and Comcast last week...
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