Netflix puts up top bid for Warner Bros. Discovery
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The memo questions whether the bidding for the studio has been "tilted" in favor of other suitors, cites media reporting on Netflix's bid.
After two rounds of bidding, Warner Bros. Discovery is said to be entering exclusive talks with this streaming goliath.
Paramount is pushing the regulatory angle hard in the race for Warner Bros. Discovery, insisting it’s the only bidder that “offers a clear path to closing."
The streaming giant appears to have emerged victorious over Paramount and Comcast, though there is a lot that needs to happen for the deal to close.