Netflix Drops Bid for WBD as Paramount’s $108.4 Billion Offer Prevails
Los Angeles, Feb. 26, 2026 (Breaking News) – Netflix Inc. has officially bowed out of the fight for Warner Bros. Discovery Inc. (WBD), saying it will not counter Paramount Skydance’s sweetened $108.4 billion all-cash bid for the Hollywood studio. WBD’s board …
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