Feb 27 (Reuters) - Netflix jumped more than 9% premarket on Friday as investors cheered its decision to exit the fight for Warner Bros Discovery, while Paramount rose about 10% on winning the race for some of the world's most prized TV and film assets.
The end of the months-long bidding war put the focus back on the significant antitrust scrutiny that the Paramount-Warner Bros tie-up would face in the U.S. and Europe, including an active investigation in California. Warner Bros shares were marginally lower.
