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flag Paramount Skydance denies reports of foreign-backed $71B bid for Warner Bros. Discovery.

flag Paramount Skydance has denied reports of partnering with sovereign wealth funds from Saudi Arabia, Qatar, and Abu Dhabi on a $71 billion bid for Warner Bros. flag Discovery, calling the claims "categorically inaccurate." flag The denial follows speculation about foreign investment backing the potential acquisition, which has sparked interest from other major players like Comcast and Netflix. flag Warner Bros. flag Discovery, facing financial challenges, remains under pressure as the Nov. 20 bid deadline approaches.

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