QuickQuickNetflix isn’t buying Warner Bros: all of the latest updates
AI-curated by Q²N · Updated February 27, 2026
Netflix has decided not to proceed with its acquisition of Warner Bros. after Paramount made a superior bid worth $108.4 billion. Initially, Netflix had reached an agreement to acquire Warner Bros., HBO, HBO Max, and Warner Games, but Paramount's persistent offers, including an all-cash bid at $31 per share, led Warner Bros. Discovery to determine that Paramount's proposal was more favorable. This development marks a significant turn in the acquisition saga, which has seen interest from multiple major companies including Apple and Amazon. As the situation evolves, questions remain about the future of the deal and regulatory concerns surrounding the acquisition process.
- Netflix backs out of Warner Bros. acquisition deal.
- Paramount's bid includes an all-cash offer of $31 per share.
- Warner Bros. Discovery considers Paramount's offer superior.
- The acquisition saga involved multiple bidders including Apple and Amazon.
- Regulatory concerns arise regarding the proposed acquisition.
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