WBD Calls Paramount’s New Bid ‘Superior’ to Netflix’s Accepted Offer, Gives Streamer Four Days to Submit Counter Bid

Erik Gruenwedel / mediaplaynews - Warner Bros. Discovery Feb. 26 announced that its board, following consultation with its independent financial and legal advisors, confirms that Paramount Skydance’s revised $110.9 billion all-cash offer for the entire company is superior to the existing …

#streaming #entertainment #netflix #stockmarket #business #us #acquisitions #media #tv

Board rules Paramount's $31 offer superior; four-day counteroffer window

Warner Bros. Discovery Finds Paramount's Latest Bid 'Superior' to Netflix

8 days / cnet / Kourtnee Jackson

WBD Calls Paramount’s New Bid ‘Superior’ to Netflix’s Accepted Offer, Gives Streamer Four Days to Submit Counter Bid

8 days / mediaplaynews / Erik Gruenwedel

Warner Bros. board deems Paramount’s $31-per-share offer a superior deal, starting four-day countdown for Netflix response

8 days / sherwood / Max Knoblauch

Warner Bros says Paramount’s bid is ‘superior’ to Netflix offer

8 days / ft


Netflix declines to match — exits bidding war under pressure

Netflix is no longer interested in bidding for Warner Bros. Discovery

8 days / betanews / Sofia Elizabella Wyciślik-Wilson

Netflix Dumps Warner Bros. After Paramount Sweetens $111 Billion Bid

8 days / iphoneincanada / Austin Blake

Netflix backs out of Warner Bros. bidding war after Paramount raises offer

8 days / siliconangle / James Farrell

Netflix Drops Bid for Warner Bros.

8 days / thurrott / Paul Thurrott

Netflix Backs Out of Bid for Warner Bros., Paving Way for Paramount Takeover

8 days / nytimes / John Gruber

Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount

8 days / techcrunch / Graham Starr

Netflix backs out of Warner Bros. bid, Paramount now set to win

8 days / mobilesyrup / Bradly Shankar

Netflix walks away from $83B Warner Bros. takeover

8 days / semafor / Rohan Goswami

Netflix backs out of Warner Bros. Discovery bidding war

8 days / engadget / Anna Washenko

Netflix ditches deal for Warner Bros. Discovery after Paramount’s offer is deemed superior

8 days / reddit / /u/Nerd_199

Netflix Backs Out of Warner Bros. Bidding, Paramount Set to Win

8 days / ycombinator

Netflix Declines to Counter Paramount’s ‘Superior’ Bid for WBD Assets

8 days / mediaplaynews / Stephanie Prange

Netflix walks away from its deal to buy Warner Bros. after Paramount came back with a better offer

8 days / theverge / Emma Roth

Netflix Backs Out of Warner Bros. Deal, Paving Way for Paramount Assimilation

8 days / gizmodo / Cheryl Eddy

Netflix Backs Out of Warner Bros. Bidding, Paramount Set to Win

8 days / reddit / /u/MarvelsGrantMan136

Netflix walks away from Warner Bros deal

8 days / globalcompetitionreview / Anna Langlois ,Ben Remaly,Mark Taylor

WBD deems Paramount’s offer superior; Netflix exits talks

8 days / advanced-television / Colin Mann


Paramount poised to win — acquisition, market reaction, regulatory questions

Netflix Walks Away From Warner Bros Deal, Paramount Set to Take Over

7 days / macrumors / Tim Hardwick

Hollywood's mega-merger battle ends with Warner Bros. as the real winner

7 days / axios / Sara Fischer

Netflix (NFLX) Shares Surge After Abandoning Warner Bros. Discovery Deal

7 days / parameter / Trader Edge

Paramount to acquire Warner Bros. for $111 billion

7 days / dataconomy / Kerem Gülen

Netflix Bows Out of Warner Bros. Discovery Bidding War – Paramount Acquisition Now Practically Certain

7 days / wccftech / Alessio Palumbo

Netflix (NFLX) Stock: Rises 10% After Walking Away From Warner Bros. Discovery Deal

7 days / parameter / Newton Kitonga

Paramount throws kitchen sink

7 days / advanced-television / Nick Snow

Netflix Drops Warner Bros Bid, Paramount Set to Win Studio Battle

8 days / tbreak / Mufaddal Fakhruddin

California Attorney General Warns Paramount That Warner Bros. Discovery Acquisition is ‘Not a Done Deal’

8 days / reddit / /u/CrispyMiner

Paramount wins Warner Bros deal as Netflix walks away

8 days / mumbrella / Nathan Jolly

Netflix backs down, Paramount now likely to acquire Warner Bros.

8 days / appleinsider

Paramount wins the bidding war for Warner Bros. Discovery as Netflix drops out

8 days / qz / Quartz Staff


Voices from social and analysis: speculation, memes, investor takes

Per last week, this was always the endgame. But unclear what Netflix will do now. They should probably walk at this point – there's too much negativity and nonsense. Take the $3B and be rid of the headache. But... they already talked themselves into it...

8 days / bsky / @mgsiegler.com


All Other Stories

TUDUMB

7 days / spyglass / M.G. Siegler

Paramount is now on track to acquire Warner Brothers Discovery, as Netflix has announced it will not provide a competing offer to purchase the studio.

8 days / bsky / @appleinsider.com / appleinsider.com

In a one-two punch of centibillion-dollar offers, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Discovery. Netflix has lost.

8 days / bsky / @techcrunch.com / techcrunch.com

Paramount’s deal includes a clause stipulating that it would pay the $2.8 billion cancellation fee WBD could end up owing Netflix. https://sherwood.news/markets/warner-bros-board-deems-paramounts-usd31-per-share-offer-a-superior-deal/

8 days / bsky / @sherwood.news / sherwood.news

Seems a great deal for Netflix quite frankly: $2.5bn to *not* overpay for WB. Great deal for WB shareholders too. For Paramount and WB:

8 days / bsky / @stephenkb.bsky.social / stephenkb.bsky.social

Back to Top / Thursday, February 26, 2026, 4:21 pm / permalink 19834 / 39 stories in 8 days




Related Stories

Netflix withdraws Warner Bros. Discovery bid; Paramount secures the deal / 7 days

Warner Bros. Discovery rejects Paramount bid, asks for best and final offer / 17 days

Warner Bros. Discovery posts Q4 streaming subscriber gains amid bidding war / 8 days

Warner Bros. Discovery dismisses revised Paramount bid in favor of Netflix deal / 1 month

Netflix secures blockbuster deal acquiring Warner Bros studios / 3 months

Warner Bros. Discovery rejects Paramount’s hostile bid, aligning with a Netflix-backed vision / 2 months

Netflix partners with iHeartMedia to launch video podcasts in 2026 / 2 months

NorthFeed Inc.

Disclaimer: The information provided on this website is intended for general informational purposes only. While we strive for accuracy, we do not guarantee the completeness or reliability of the content. Users are encouraged to verify all details independently. We accept no liability for errors, omissions, or any decisions made based on this information.