I'm so glad Netflix is out of the running now, it would have been a disaster in several areas.
They have little interest in physical media and theatrical releases, it's antithetical to their business model. WB has the best 4K Blu-ray transfers, would hate to lose them. Theaters are already taking a hit too, and while I don't go as often as I used to (def going to see Project Hail Mary) the missus and I always enjoy a night out when we do.
Entertainment has generally been left leaning for as long as I've been around, but Netflix is on another level when it comes shoving egregious inclusivity into everything. WB's IP's don't need any help in that area.
If Paramount winds up with them, there's no guarantee they'll be better, but surely they can't be as bad lol. Starfleet Academy's reception, which was greenlit before the Ellison's bought the corporation, should put the fear of fail into them. Star Trek was already in the gutter, Academy will only hurt the brand further.
It will be interesting to see what happens with CNN too, crazy times!