Warner Bros. Discovery deems Paramount Skydance offer superior to Netflix, starting 4-day matching clock - CNBC
business 2026/02/26 21:20:52

Warner Bros. Discovery deems Paramount Skydance offer superior to Netflix, starting 4-day matching clock - CNBC

Source:CNBC
Author:Lillian Rizzo, Alex Sherman

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.