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BREAKING: Netflix Pulls Out of Warner Bros Deal, Pvaing Way for Skydance & Trump to Control CNN

Breaking News Friday, 27th February 2026, 11:08

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** Netflix has walked away from its $50 billion deal to acquire Warner Bros, paving the way for Paramount to take over. This major shift in Hollywood’s landscape could reshape the entertainment industry, with geopolitical implications for media consolidation. Join Jonathan MS Pearce as we break down the fallout, the potential impact on global content distribution, and what this means for the future of streaming wars. #WarnerBros #Paramount #Hollywood #Geopolitics #StreamingWars

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