Less than three months after saying its plans to acquire a portion of Warner Bros. Discovery’s business, Netflix stated Thursday it won’t increase its supply, paving the way in which for rival Paramount Skydance to acquire the storied Hollywood establishment and properties akin to NCS.
In a information launch, Netflix’s co-CEOs Ted Sarandos and Greg Peters stated the value required to match Paramount’s newest supply would render the deal now not financially enticing.
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David Corenswet stars in “Superman.” (Jessica Miglio/Warner Bros. Pictures/TNS)
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