Netflix drops $83 billion bid for Warner Bros. Discovery, paving way for Paramount Skydance deal

Netflix drops $83 billion bid for Warner Bros. Discovery, paving way for Paramount Skydance deal

CBS News business

Key Points:

  • Netflix said on Thursday that it will not match Paramount Skydance's latest bid for Warner Bros. Discovery, clearing the way for a massive merger that could shake up the entertainment and media indust

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