Paramount is betting European regulators won't approve WBD-Netflix. Here's how it could play out

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Sign up today for the new CNBC Sport Newsletter A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. The future of the Warner Bros. Discovery company – its iconic movie studio, HBO Max, and its cable networks, including CNN, TBS, TNT, Discovery and HGTV – may come down to what European regulators

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