"After Paramount announced the hostile [takeover bid], I hear it's almost guaranteed that Netflix will up its offer to stay in the game," said one media company executive.
Some analysts view Netflix's move to acquire Warner Bros. as a sign that it is worried about the growing strength of YouTube and TikTok among younger viewers
Netflix has been hit with a consumer lawsuit seeking to block the online video giant's planned $72 billion acquisition of Warner Bros Discovery's studio and streaming businesses.
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