Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount
TechCrunch Industry News · TechCrunch
February 27, 20265m 44s
Audio is streamed directly from the publisher (mgln.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
In a one-two punch of centibillion-dollar offers, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. Netflix has lost.
Plus, Plaid valued at $8B in employee share sale. The new valuation is a 31% increase from $6.1 billion Plaid reached in April.
Learn more about your ad choices. Visit podcastchoices.com/adchoices