Netflix walks away from Warner Bros deal, clearing the path for Paramount

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Source: The Manila Times
Published: 2026-02-27 13:27 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Science, Culture & Entertainment, Lifestyle, Business & Economy
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Snippet:
NEW YORK — Netflix is walking away from its offer to buy Warner Bros. Discovery’s studio and streaming business, in a stunning move that effectively puts Paramount in a position to take over its storied Hollywood rival.
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