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EXPLAINED: Paramount comcast netflix submit bids for warner bros discovery - The Real Truth

Paramount Comcast WBD Netflix DOJ Axios Donald Trump Paramount Pictures Universal Warner Bros Pictures

Hollywood's biggest competition this year isn't at the box office, it's in the Warner Bros. Discovery boardroom.

State of play: A trio of Hollywood power players submitted bids to buy all or part of WBD Thursday, launching what is sure to be a dramatic and historic media merger fight.

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