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The Independent UK
The Independent UK
National
Via AP news wire

Warner Bros to stick with Netflix after rejecting Paramount’s amended takeover offer

Paramount Warner Warner Bros Netflix

Warner Bros has once again rebuffed a takeover attempt from Paramount, advising its shareholders on Wednesday to instead back a competing offer from Netflix.

The entertainment giant's leadership has consistently rejected overtures from Skydance-owned Paramount, having previously urged shareholders weeks ago to support the sale of its streaming and studio operations to Netflix for $72bn.

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