How did Paramount beat Netflix to Warner Bros?

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"To properly advance this critical technology to be able to support a future lunar economy, high power energy generation on Mars, and to strengthen our national security in space, it is imperative the agency move quickly," US transport secretary Sean Duffy, who was appointed temporary head of Nasa by President Donald Trump, wrote to Nasa, according to the New York Times.

Now that Netflix has backed out of its bid to acquire WBD, the Ellisons stand to gain an entirely new trove of significant intellectual property, from DC Comics to Harry Potter. According to Reuters, Warner Bros. agreed to be acquired by Paramount Skydance in a $110 billion deal signed Friday, with Paramount Skydance agreeing to pay a $7 billion termination fee if federal regulators don’t approve the merger.

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