Originally published at: The Epic, Mega Skydance Paramount Warner Deal: Some Thoughts - TPM – Talking Points Memo
News came today that Warner Bros Discovery decided that Paramount-Skydance’s acquisition bid ($111 billion) to acquire the company was superior to that from Netflix ($82.7 billion). WBD told Netflix it had four days to up its offer. Little more than an hour later Netflix said it didn’t need four days. They were bowing out. The…
