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