After Netflix made a big play to buy most of CNN's parent company, journalists and executives at the news network thought they had dodged a bullet. One week later, it's pretty clear they hadn't.

Two questions remain: Why did they think that in the first place? And what's ahead?

Netflix, which is already the nation's leading streamer, had struck a deal to acquire the movie studios, archives, intellectual property and streaming services of CNN's parent company, Warner Bros. Discovery.

But Netflix did not want to become Newsflix. CNN and its sister cable channels were to be spun off in a separate company. Inside CNN, that seemed like good news.

"It will enable us to continue to roll out our strategy to secure a great future for CNN by successfully navigating our digital transition," Mark

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