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Netflix walks away from Warner Bros. Discovery studio

NEW YORK — 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, after Warner’s board announced that Skydance-owned Paramount’s latest offer to buy the entire company for $31 […]

NEW YORK — 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, after Warner’s bo… [3035 chars]

Source: Altoona Mirror | Published: 2026-02-27T00:00:00Z

Credit: Altoona Mirror

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