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Netflix or Paramount? Either way, the sale of Warner Bros will shake up the global media landscape

How this plays out is still somewhat up in the air, especially since regulatory approval of the deal is needed

Lee Su Shyan
Published Wed, Dec 31, 2025 · 06:00 AM
    • Warner Bros had earlier agreed to sell its movie, television and streaming assets to Netflix, but Paramount has now muscled in.
    • Warner Bros had earlier agreed to sell its movie, television and streaming assets to Netflix, but Paramount has now muscled in. ILLUSTRATION: REUTERS

    ONE of the mega deals that could have ramifications on the global media entertainment landscape is the fight for Warner Bros Discovery.  

    The target is a film studio with 102 years of history behind it, one with franchises such as Harry Potter and Superman and popular networks such as Discovery in its stable. 

    Warner Bros had earlier agreed to sell its movie, television and streaming assets to streaming giant Netflix.  

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