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Netflix drops Warner Bros. bid, clearing path for Paramount takeover
Netflix drops Warner Bros. bid, clearing path for Paramount takeover
Netflix drops Warner Bros. bid, clearing path for Paramount takeover

Published on: 02/26/2026

This news was posted by Oregon Today News

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FILE - The Warner Bros. water tower is seen at Warner Bros. Studios in Burbank, Calif., Dec. 5, 2025.

NEW YORK — 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 the fellow storied Hollywood giant.

News Source : https://www.oregonlive.com/business/2026/02/netflix-drops-warner-bros-bid-clearing-path-for-paramount-takeover.html

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