Paramount clinches Warner Bros deal after Netflix walks away
Streaming company’s decision ends months-long battle to buy parent of CNN, HBO and franchises such as Harry Potter
Related reading
Paramount gatecrashes Warner Bros-Netflix deal with $108bn hostile bid
Jared Kushner and Middle East funds assist with all-cash offer
Netflix vs Paramount: politics could decide battle for Warner Bros
Antitrust concerns and ties to Trump administration complicate picture of who may ultimately own media group
Warner battle offers two different plotlines for Hollywood
Whether Netflix or Paramount wins, creatives are likely to lose
Netflix or Paramount? Hollywood shudders over Warner Bros Discovery sale
Studio sale stands to undercut earnings for virtually every other segment of the industry regardless of the buyer
Paramount’s WBD bid relegates Netflix to a supporting role
Big media tie-ups have a poor record at creating value
Warner Bros to rebuff $108bn Paramount hostile offer
Hollywood studio and streaming company open to new bid but there are doubts over Ellison family funding