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CNBC Media 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.

CNBC Media NewsFeb 24, 2026
Warner Bros. Discovery says Paramount made higher bid, board will weigh offer against Netflix deal
If WBD deems the new Paramount offer superior, Netflix will have four days to improve its previously agreed-upon bid.
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