Netflix has walked away from its deal to acquire Warner Bros. Discovery’s studio and streaming assets after the WBD board determined that a revised bid from Paramount Skydance represents a superior offer. Paramount’s latest bid of $31 per share in cash, covering the entirety of WBD including cable networks CNN, TBS and TNT, has now … Continue reading WBD Paramount Merger: Netflix Steps Back as Biggest Media Deal in Years Takes Shape