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Evening Standard
Evening Standard
Entertainment
Holly Williams and Tamara Davison

Paramount set to win Warner Bros takeover tussle as Netflix withdraws

Paramount Warner Bros Netflix Warner United States Benedict Bridgerton Paramount Skydance Warner Bros Discovery

Paramount Skydance is set to win the bid to acquire Warner Bros Discovery after the streaming platform Netflix walked away.

The deal, thought to be valued at around $111bn (£82.2bn), will potentially see the historic Hollywood studios become part of a US corporation known for producing shows such as Emily in Paris and Mission: Impossible.

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