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A dramatic showdown is unfolding at the heart of Hollywood and the global streaming market. Netflix is pressing ahead with plans to acquire Warner Bros. Discovery’s studio and streaming assets, a deal that would significantly expand its global reach. But a rival hostile bid from Paramount Skydance has now entered the scene, setting the stage for a corporate battle that could reshape the entertainment industry. CGTN’s Ediz Tiyansan, reports.
A dramatic showdown is unfolding at the heart of Hollywood and the global streaming market. Netflix is pressing ahead with plans to acquire Warner Bros. Discovery’s studio and streaming assets, a deal that would significantly expand its global reach. But a rival hostile bid from Paramount Skydance has now entered the scene, setting the stage for a corporate battle that could reshape the entertainment industry. CGTN’s Ediz Tiyansan, reports.