Claudia Oshry

I forgot about this story.

I just want to say we were talking about it every day for a week.

As Netflix backs out of the Warner Brothers bidding and Paramount is set to win the bid.

So in a stunning twist, Netflix's CEO says the major studio was always nice to have at the right price, not a must have at any price.

As Paramount continues to increase their bid, it went into the hundreds of billions of dollars.

And Netflix has officially bowed out, which leaves Paramount the last man standing to acquire Warner Brothers Discovery Co.

HBO.

It was like so an underdog, right?

I feel like when we were talking about it, like the deal was already moving forward.

I feel like these are the types of deals that have to be approved by the government.

So they were moving forward.

And Paramount was like – And they sent out an email to their subscribers.

Oh, yeah.

I got an email from Netflix being like, welcome HBO.

That was – they really got ahead of themselves.

And based on what I had read, like the Paramount deal financially like was better from the very beginning.

So I wasn't sure why they didn't get it.

And then there was like back and forth for like a week or two.

And then I never heard.

So I actually thought about it the other day.