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CNBC World NewsFeb 26, 2026
Netflix ditches deal for Warner Bros. Discovery after Paramount's offer is deemed superior
Netflix is ditching a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board deemed a revised bid by Paramount to be superior.

RELATED ARTICLES
Netflix drops bid for Warner Bros, clearing way for Paramount takeover (BBC Front Page)

Int'l Herald TribuneFeb 26, 2026
Netflix Backs Out of Bid for Warner Bros., Paving Way for Paramount Takeover
The move was a stunning development in the long-running corporate battle for the storied media giant.

CBC Top StoriesFeb 26, 2026
Netflix backs away from offer to buy Warner Bros.
Netflix on Thursday signaled it was backing away from its offer to buy Warner Bros. Discovery's streaming and studio assets, saying ?the deal was no longer financially attractive after Paramount Skydance revised its offer for the coveted Hollywood studio to a $31-a-share offer.



RELATED ARTICLES
Netflix declines to raise its offer to buy Warner Bros. (ABC News)

Int'l Herald TribuneFeb 26, 2026
Warner Bros. Discovery Deems Paramount's $111 Billion Bid ‘Superior'
Netflix now has four business days to decide whether it wants to counter Paramount's offer.
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