Paramount skydance

By Miguel Mike Medina Photo Credit: Getty Netflix will no longer pursue a deal to buy Warner Bros Discovery. The news of Netflix’s decision to ditch the bid comes as a surprise. In December, Netflix had the momentum of a possible merger with Warner Bros Discovery. Netflix had four business days to make changes to its…

By Miguel Mike Medina Photo Credit: Screen Daily The bid is one. The competition among streaming services is fierce. Paramount makes hostile bid for Warner Bros Discovery. The public offer is $30 a share in cash, topping Netflix’s $27.75 in cash and stock. The transaction includes the entire Warner Bros. Discovery. Paramount Skydance CEO David…