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Netflix announced a deal to acquire Warner Bros. last week, but Paramount stepped in with a new offer to shareholders.
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Last week, Netflix surprised us all when it announced plans for an $82.7 billion acquisition of Warner Bros., a move that would fundamentally reshape the world of streaming video and Hollywood. But Paramount isn't giving up on WB — this week it launched a $108 billion hostile takeover effort. In this episode, we discuss why everyone is fighting for WB, and why Netflix may be the best worst option for the storied movie studio.
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