Netflix isn’t buying Warner Bros, Paramount is
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Even Jared Kushner thinks the Paramount WB bid sucks.
He’s withdrawn financial backing from the bid, which may leave it floundering, and the Warner Bros. board has recommended shareholders reject the hostile offer. It looks like everyone involved is beginning to realize what The Verge’s own Liz Lopatto pointed out yesterday: “What Paramount is doing doesn’t make any fucking sense.”
Update: The Warner Bros. board has recommended rejecting the Paramount bid.
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