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Liam Burke, Associate Professor and Cinema and Screen Studies Discipline Leader, Swinburne University of Technology

Paramount acquires Warner Bros Discovery in mega deal: the winners, losers and Trump’s man in the middle

Paramount Warner Bros Discovery Netflix WBD Warner Bros Discovery David Ellison Warner David Zaslav Donald Trump
Cheng Xin/Getty Images

Netflix’s planned acquisition of Hollywood studio Warner Bros Discovery (WBD) has fallen apart at the eleventh hour, as Paramount Skydance has made a “superior” proposal to buy the conglomerate for A$156 billion.

While the independence of the companies following the acquisition is unclear, Paramount Skydance CEO David Ellison has already discussed plans to merge the portfolios of streamers Paramount+ and HBO Max to compete with Netflix.

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