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Netflix Intensifies Bid for Warner Bros. Discovery in High-Stakes Streaming Battle

Netflix Intensifies Bid for Warner Bros. Discovery in High-Stakes Streaming Battle

Author:

Global Cryptocurrency

Published:

2025-12-02 11:36:02

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BTCCSquare news:

Netflix has escalated its pursuit of Warner Bros. Discovery with a revised cash-heavy offer, joining Paramount Skydance and Comcast in a competitive second-round bidding process. The streaming leader faces heightened regulatory scrutiny as the dominant player attempting to consolidate the fourth-largest platform.

Warner Bros. Discovery seeks a valuation approaching $70 billion, rejecting Paramount's earlier $60 billion overture. The company aims to finalize a sale by Christmas while preparing for a potential corporate split by April. Binding bids allow for accelerated decision-making, though deal terms remain confidential.

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