CNN Doomed After Parent Company Makes Stunning Move

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Netflix is set to swallow one of Hollywood’s crown jewels, snapping up Warner Bros.’ studio and streaming operations in a blockbuster $72 billion deal that could weaken legacy news network CNN.

The streamer confirmed the buyout Friday morning after offering $27.75 a share to Warner Bros. Discovery, ending a heated showdown that included bids from Paramount and Comcast. For Netflix, it’s the biggest swing yet ...... to continue reading, follow the link below :)

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