*Paramount Increases Offer to $31 Per Share; Netflix Declines to Match After Evaluation, Ending a Months-Long Contest* LOS ANGELES – February 27, 2026 – Streaming giant Netflix announced today that it will not raise its offer for Warner Bros. Discovery (WBD), clearing the way for Paramount Global and its backer, Skydance Media, to secure a decisive[…..] […]
Netflix Exits Bidding War for Warner Bros. Discovery, Paving the Way for Paramount – A Hollywood-Shaping Mega-Deal Concludes