Netflix’s stock surged over 10 percent as investors reacted positively to the company’s decision to exit the bidding war for Warner Bros Discovery. The streaming giant declined to match Paramount’s latest bid, citing financial concerns. Analysts praised Netflix’s disciplined approach and predicted a shift in focus back to its core business. Meanwhile, Paramount’s stock rose 17 percent as it moves forward with the acquisition, raising questions about potential editorial shifts and political influence in the media landscape.
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