Netflix Walks Away From Bidding War for Warner Bros., Leaving the Path Open For Paramount to Win

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"This transaction was always a 'nice to have' at the right price, not a 'must have' at any price."Netflix has announced that it has declined to raise its offer for Warner Bros. Discovery, meaning Paramount Skydance now has a clear path to win the bidding war for the company in charge of Game of Thrones, Harry Potter, the DC Universe, and much more.Netflix shared a …