The Streaming Wars Just Entered a New Phase. Here's What Paramount vs.
The battle over Warner Bros. Discovery is far from over, despite Netflix's acquisition announcement.Entertainment legend Michael Ovitz, co-founder of Creative Artists Agency, once called the film industry "the most cut-throat, competitive, difficult business in the world." That description seems apt as we watch the intensifying battle between Netflix (NFLX +1.18%) and Paramount Skydance (PSKY 2.69%) to acquire the assets of Warner Bros. Discovery (WBD +1.66%).After Netflix apparently came out victorious in ...