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Netflix walks away from Warner Bros. Discovery acquisition

Netflix is declining to raise its offer to buy Warner Bros. Discovery’s studio and streaming business in a stunning move that effectively puts Paramount in a position to take over its storied Hollywood rival.

NEW YORK (AP) — Netflix is walking away from its offer to buy Warner Bros. Discovery’s studio and streaming business, in a stunning move that effectively puts Paramount in a position to take over its storied Hollywood rival.
On Thursday, Warner’s boa… [7588 chars]

Source: The Associated Press | Published: 2026-02-26T21:36:12Z

Credit: The Associated Press

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