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-0.000355871886121052 -0.000533807829181515 -0.000177935943060463 -0.000177935943060463 0.000889679715302441 -0.000177935943060463 -0.00320284697508896 -0.00320284697508896
Stock impact report

We answered 11 big questions about the Paramount-WBD deal and what happens next [Business Insider]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Arturo Holmes/WireImage; Mario Tama/Getty Images; Drew Angerer/Getty Images This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Warner Bros. Discovery has agreed to sell itself to Paramount Skydance instead of Netflix. The media mega-merger still needs the thumbs up from regulators in the US and Europe. Business Insider's James Faris answered questions about the Paramount-WBD deal. Paramount Skydance outbid Netflix for Warner Bros. Discovery, but the Hollywood-shaking agreement isn't a done deal. WBD had planned to sell its studio and streaming assets to Netflix. Paramount wouldn't give up its pursuit of WBD, including its cable networks, however. After 10 offers , WBD's board finally said Paramount's latest bid was better, and Netflix decided to bow out. Still, Paramount and its CEO, David Ellison, need regulatory approval in the US and abroad, which WBD CEO David Zaslav told employees Show less Read more
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