Netflix walks away from Warner Bros bid, clearing path for Paramount
- Posted on February 27, 2026
- By Le Monde
- 3 Views
Netflix walks away from Warner Bros bid, clearing path for Paramount
The streaming giant's co-CEOs Ted Sarandos and Greg Peters said they were 'declining to match' Paramount Skydance's latest offer, which included a purchase price of $31.00 per share in cash, a one-dollar increase from its earlier bid, which valued the company at around $108 billion.
