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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.

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.



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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