Why did Paramount and Netflix want Warner Bros?
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Together they grew the business, which provides analysis and services for company boards, and today it employs 200 staff and has big big name clients, including Nationwide, Rolls-Royce and Reckitt.
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But a combined Paramount-Warner Bros would also leave it in control of a significant slice of sports and children's entertainment, raising potential concern for advertisers and local television distributors.
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