AssetID: 55316026
Headline: Netflix Leads Bid for Warner Bros Discovery Studios in Potentially Industry-Shaping Deal
Caption: Netflix is in exclusive negotiations to acquire Warner Bros Discovery's film and TV studios — along with its streaming operations — in a deal valued at $28 per share, according to a source speaking to Reuters.
Keywords: Current affairs & Politics,Netflix,Warner Bros Discovery,acquisition talks,exclusive negotiations,$28 per share,Reuters,HBO Max,streaming merger,bundled services,$5 billion breakup fee,regulators,CNBC,85% cash offer,Hollywood concerns,Congress intervention,entertainment industry risks,final bids,Paramount Skydance complaints
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