Warner Bros. Discovery rejects Paramount's $108 billion bid
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Netflix struck a deal to buy one of Hollywood’s most storied studios. But a scorned rival, and the Trump administration, may put up a fight.
The industry-changing deal will see Netflix paying $27.75 a share for the venerable Hollywood studio, with a total equity value of $72B. Netflix will acquire Warner Bros., including its film and television studios, HBO Max and HBO, subject to regulatory conditions – of which there will be several.