#WaxWord: It was all over in an instant. After six months of pursuing a rare and acrimonious hostile takeover, the billionaire family that owns Paramount Global conglomerate won Warner Bros. Discovery on Thursday, a legendary Hollywood studio and streaming service saddled with declining legacy cable networks. The board deemed Paramount’s 11th bid to be “superior,” and suddenly Netflix folded. It’s the kind of thing that rarely happens and even more rarely succeeds. Full breakdown at the link in bio. Photo: Getty Images