Discovery in Podcasts
companyDiscovery, a mass media and entertainment company, involved in media content and streaming services.
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Discovery.
Netflix co-CEO Ted Sarandos said the revised all-cash agreement will enable an expedited timeline to a stockholder vote and provide greater financial certainty, plus value from the planned separation of Discovery Global.
Discovery and Netflix have struck a new all-cash deal worth $72 billion to buy Warner Studios and the HBO Max streaming business.
Discovery is asking suitors to sweeten their bids after the first round of offers landed.
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