Netflix walks away from Warner Bros deal, clearing the path for Paramount

Warner's board hasn't officially adopted Paramount's merger agreement yet, but once it does, Zaslav said it “will create tremendous value.” He added that the company was “excited about the potential of a combined Paramount Skydance and Warner Bros. Discovery."After months of a heated back and forth amid Paramount's hostile campaign to take over Warner without the board's blessing, Warner also changed its tune about the remaining prospective buyer.In a statement Thursday night, CEO David Zaslav said Netflix ...