Netflix said on Thursday that it won't pay more for Warner Bros. In a statement, the company said that the "deal is no longer financially attractive.

Netflix Declines to Raise Offer for Warner Bros.

05:55pm, Thursday, 26'th Feb 2026
Netflix has thrown in the towel and won't be raising it's offer to match Paramount. Here's what the giant streamer said: Netflix, Inc. today announced that it has declined to raise its offer for Warne

Netflix declines to raise offer for Warner Bros

05:51pm, Thursday, 26'th Feb 2026
Netflix said on Thursday it will not raise its offer for Warner Bros Discovery after the HBO Max owner's board determined that Paramount Skydance's latest proposal was a "Superior Proposal" to the str
Depending on the outcome, the Netflix merger may not happen.
This is a developing story. Check back for updates.
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Warner Bros. Discovery said Thursday it's valued Paramount Skydance's latest takeover offer as superior to a deal with Netflix, another twist in the ongoing battle for the legacy media assets.
Netflix now has four days to decide whether to raise its offer or bow out of the bidding for Warner Bros.' famed studio and its HBO Max streaming business.
WBD board says $31-per-share offer constitutes ‘company superior proposal', triggering Netflix's window to respond
Warner Brothers Discovery's board has officially recognized Paramount's acquisition proposal as a superior offer compared to Netflix's earlier deal. Lucas Shaw reports on "Bloomberg The Close.
Netflix has four business days to try to match Paramount's offer.
CNBC's Julia Boorstin joins 'Closing Bell Overtime' with the latest on the Warner Bros. Discovery bidding war.
Warner Bros. Discovery's board of directors is opening the door to a bidding war between Paramount and Netflix. The board has officially labeled Paramount's latest $31-per-share offer a “company sup
LOS ANGELES and NEW YORK, Feb. 26, 2026 /PRNewswire/ -- Paramount Skydance Corporation (NASDAQ: PSKY) ("Paramount") confirms that it has been notified by Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("
Paramount Skydance may finally have the upper hand on Netflix in the bidding war for Warner Bros. Discovery.
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