Summary • Netflix emerged victorious in the bidding war for Warner Bros. Discovery (WBD), offering around $28 per share to enter exclusive acquisition talks • The deal would grant Netflix control of monumental assets, including the historic Warner Bros. Studios and the HBO Max streaming service • The acquisition marks a massive consolidation in the media industry, positioning Netflix for unmatched dominance against rivals like Disney

Netflix has achieved a colossal victory in the streaming wars, confirming it will enter exclusive talks to acquire Warner Bros. Discovery (WBD). The successful bid, reported to be around $28 USD per share and consisting primarily of cash, caps a day of extreme corporate turbulence that saw rival Paramount Global aggressively attempt to counter the giant

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