Netflix said Thursday that it won't raise its bid for Warner Bros. Discovery's streaming and studio assets, allowing Paramount Skydance to emerge as the winning bidder. Why it matters: The statement came shortly after WBD's board announced that Paramount's revised bid of $31 per share was superior to its deal with Netflix.What they're saying: Netflix co-CEOs Ted Sarandos and Greg Peters said in a statement that their deal "would have created shareholder value with a clear path to regulatory appr...