Trump could kill the Netflix-Warner Bros. deal
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The largest streaming network says it will purchase Warner Bros.’ studios and streaming assets after winning a bidding war with Comcast and Paramount.
The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix.
Comcast co-CEO Mike Cavanagh, in a post-mortem of the company's flirtation with buying Warner Bros., said the company's offer was light on cash relative to rivals Netflix and Paramount.