Here's what smart people are saying about Paramount winning the Warner Bros. Discovery deal

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• Paramount-Skydance outbid Netflix for Warner Bros. Discovery
• Here's what business and political leaders are saying about the impact of the deal.
• "Welcome to Hollywood kid," one $4 billion wealth manager said of WBD CEO David Zaslav.

Paramount-Skydance has emerged as the winner in a multi-round battle for the future of Warner Bros. Discovery.

Netflix backed out — and stands to pocket $2.8 billion in breakup fees ...