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Netflix drops its bid for Warner Bros. as Paramount Skydance prevails

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Netflix declined to raise its offer for Warner Bros. Discovery’s studio and streaming business, clearing the way for Paramount Skydance’s revised bid.

Announced: Feb 26, 2026

Last updated Sep 26, 2026 by the ATDb Editorial Team · Connections updated Sep 26, 2026

Overview

Netflix declined to raise its offer for Warner Bros. Discovery’s studio and streaming business, clearing the way for Paramount Skydance’s revised bid.