Netflix, Warner Bros. and Paramount
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Warner Bros Discovery has turned down Paramount Skydance's aggressive takeover proposal of $108.4 billion while opting to retain Netflix's offer. Users have observed modifications on the Netflix homepage.
A video spreading across platforms purports to show the Netflix logo painted over the historic water tower at Warner Bros. Studios as the streaming powerhouse seeks to buy the global media giant's film and television studios and streaming services amid a bidding war with Paramount.
With Netflix and Paramount practically wrestling over who gets to paint their logo on the Warner Bros' water tower, shareholders are getting the best action sequence of all.