Netflix Enter Exclusive Talks with Warner Bros. After Securing Winning Bid Over Paramount
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Following a competitive bidding war (according to The Wrap), Netflix, led by Ted Sarandos, is close to buying the iconic studio and its streaming services, including HBO Max. Netflix reportedly offered $30 per share and included a $5 billion agreement to cover costs if another company, like Paramount, matched the offer. Now, everyone is waiting to see if both companies can agree on the final details and if the deal will be approved by regulators.








