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Warner Bros. Discovery will reportedly reject Paramount offer and stick with Netflix

Warner Bros. Discovery, the massive media conglomerate that owns HBO, CNN and a number of other top brands in news and entertainment, is preparing to advise its top shareholders to reject a bid from Paramount to buy the company and back a planned deal with Netflix instead. KTLA's Sandra Mitchell reports on Dec. 16, 2025. Details: https://thehill.com/homenews/media/5652023-netflix-warner-deal-paramount-bid/

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