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Netflix abandoned its bid to buy Warner Bros. Discovery's streaming assets due to strategic and regulatory issues, boosting its stock.
Netflix has ended its proposed deal to acquire Warner Bros.
Discovery's streaming assets, citing strategic differences and regulatory concerns.
The decision comes amid growing scrutiny over media consolidation and antitrust issues.
Following the announcement, Netflix's stock rose more than 5% on Wall Street, reflecting investor optimism about the company's independent growth path.
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Netflix abandonó su oferta de comprar Warner Bros. Los activos de streaming de Discovery debido a problemas estratégicos y regulatorios, aumentando su stock.