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Netflix drops bid for WB, Paramount wins
Hindustan Times Gurugram
|February 28, 2026
BENGALURU: Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery, after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio.
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"We've always been disciplined, and at the price required to match Paramount Skydance’s latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydan
This story is from the February 28, 2026 edition of Hindustan Times Gurugram.
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