Key facts: Netflix's Warner Bros. bid under review; stock rises 5.2%
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- Netflix's bid for Warner Bros. Discovery is under review as Paramount proposes a higher offer. Netflix's stock rose 5.2% amid speculation about its bid's future.123
- Republican attorneys general from 11 states have called for a DOJ probe into Netflix's $82.7 billion bid for Warner Bros., citing concerns over market concentration and potential harm to consumers.4
- Netflix will release Warner Bros. films in theaters for 45 days, addressing concerns from attorneys general about its impact on the theatrical movie industry.5
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