Warner Bros’ TV decline puts pressure on Netflix deal
Media/ Social Media
Feb 26 : Warner Bros Discovery heaped an additional burden on Netflix's $82.7 billion bid for the movie studio and HBO. The entertainment company behind the buzzy series "Heated Rivalry" and the film "Wuthering Heights" reported fourth-quarter earnings Thursday that showed profit at its cable channels is deteriorating at a fast pace. The networks, which include CNN, the Discovery Network and TNT, are not part of Netflix’s deal. But their worth as a separately traded company is a key component
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