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Published Thu, Feb 26 20264:20 PM ESTUpdated Moments Ago

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The Paramount logo is shown on a structure at the Paramount studio lot in Hollywood, Los Angeles, California, U.S., Feb. 26, 2026.

Mike Blake | Reuters

Warner Bros. Discovery has valued Paramount Skydance's latest offer as superior to Netflix, another twist in the ongoing sale process.

Netflix will have four business days to make changes to its own proposal, according to a WBD statement on Thursday.

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