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Netflix and Paramount Race for Warner Bros Discovery as EU Starts Review

1 min readSource

The EU is reviewing simultaneous acquisition bids from Netflix and Paramount for Warner Bros Discovery. A major milestone in media industry consolidation.

A seismic shift is rocking the streaming landscape. According to Bloomberg News, the European Union is set to simultaneously evaluate acquisition bids from both Netflix and Paramount for the media powerhouse Warner Bros Discovery.

Warner Bros Discovery Acquisition EU Regulatory Hurdles

The simultaneous review of two competing bids for a single entity is a rare move for the EU antitrust regulators. As Reuters reported, this process will determine if a merger would stifle competition in the European media market. The outcome could reshape how millions of users consume content across the continent.

Consolidation in the Post-Streaming Peak Era

In 2026, the industry is moving toward consolidation as content costs spiral. For Netflix or Paramount, acquiring WBD's vast library is no longer a luxury—it's a survival tactic to maintain dominance against legacy tech giants.

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