26 Feb That’s All, Folks: Netflix Walks Away From Warner Bros., Refusing To Raise Offer [Deadline]
Posted at 12:54h in
By Jill Goldsmith
February 26, 2026| Netflix has thrown in the towel and won’t be raising its offer for Warner Bros. to match a rival bid by Paramount — game-changing news that caps several days of action around the bidding war.
The move comes two hours after Warner Bros. Discovery said it determined that the latest offer it received from Paramount was superior to the $82.7 billion deal it signed with Netflix on December 5.
Read more on Deadline.