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Netflix Leaves WBD Fight With $2.8B and a New Identity Question

After exiting the Warner Bros. Discovery bidding war, Netflix returns to streaming but faces fresh questions about sports, scale and cultural impact.

We stumble forward in a daze with the slow realization dawning over us amidst an indescribable fatigue. Our body uncurls itself from tension’s chokehold as the never-ending burden finally lifts. “It’s done,” we whisper. Okay, you caught me. I’m describing the climax of The Lord of the Rings: The Return of the King when Frodo and Samwise finally rid Middle Earth of that pesky little trinket. But you have to admit, it completely applies to our exhaustive gratefulness that the Warner Bros. Discovery sweepstakes are finally over. Netflix bowed out of the race, leaving Paramount Skydance to gobble up the historic legacy studio (regulatory approval notwithstanding). 

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