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For The First Time, A Streaming Giant (Netflix) Is Acquiring Warner Bros., One Of The Oldest & Most Iconic Film Studios In The World. The $82.7B Grab, The 2nd Largest Media Merger After The $182B AOL–Time Warner Deal In 2000, Now Faces A $108.4B All-Cash Hostile Bid From Paramount Skydance; Plus Antitrust, Guild, Lawsuit, & Regulatory Hurdles.