Warner Bros. Discovery deems Paramount’s takeover bid superior to Netflix deal

February 26, 2026

NEW YORK (AP) — Warner Bros. Discovery has determined that Paramount’s latest takeover offer is better than the streaming and studio deal it struck with Netflix, marking a stark shift in momentum in the fight for the storied Hollywood giant.

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The owner of HBO Max, DC Studios and popular titles like “Harry Potter” had previously backed Netflix’s proposal for months. But after Skydance-owned Paramount upped its rival bid for the entire company to $31 per share, in addition to other revisions, Warner’s board changed its tone about the best option on the table.

That could mean the start of a fresh bidding war over Warner. Netflix now has four business days to try and match Paramount’s proposal to further revise its offer — which currently stands at $27.75 per share for Warner’s studio and streaming business.

https://www.courant.com/2026/02/26/warner-bros-paramounts-netflix/

Warner Bros. 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=> warner bros. discovery deems paramount’s takeover bid superior to netflox deal [330] => warner bros. discovery deems paramount’s takeover bid superior to netfl9x deal [331] => warner bros. discovery deems paramount’s takeover bid superior to netfl8x deal [332] => warner bros. discovery deems paramount’s takeover bid superior to netfliz deal [333] => warner bros. discovery deems paramount’s takeover bid superior to netflic deal [334] => warner bros. discovery deems paramount’s takeover bid superior to netflid deal [335] => warner bros. discovery deems paramount’s takeover bid superior to netflis deal [336] => warner bros. discovery deems paramount’s takeover bid superior to netflix seal [337] => warner bros. discovery deems paramount’s takeover bid superior to netflix xeal [338] => warner bros. discovery deems paramount’s takeover bid superior to netflix ceal [339] => warner bros. discovery deems paramount’s takeover bid superior to netflix feal [340] => warner bros. discovery deems paramount’s takeover bid superior to netflix real [341] => warner bros. discovery deems paramount’s takeover bid superior to netflix eeal [342] => warner bros. discovery deems paramount’s takeover bid superior to netflix dwal [343] => warner bros. discovery deems paramount’s takeover bid superior to netflix dsal [344] => warner bros. discovery deems paramount’s takeover bid superior to netflix ddal [345] => warner bros. discovery deems paramount’s takeover bid superior to netflix dral [346] => warner bros. discovery deems paramount’s takeover bid superior to netflix d4al [347] => warner bros. discovery deems paramount’s takeover bid superior to netflix d3al [348] => warner bros. discovery deems paramount’s takeover bid superior to netflix dezl [349] => warner bros. discovery deems paramount’s takeover bid superior to netflix desl [350] => warner bros. discovery deems paramount’s takeover bid superior to netflix dewl [351] => warner bros. discovery deems paramount’s takeover bid superior to netflix deql [352] => warner bros. discovery deems paramount’s takeover bid superior to netflix deak [353] => warner bros. discovery deems paramount’s takeover bid superior to netflix deap [354] => warner bros. discovery deems paramount’s takeover bid superior to netflix deao ) </h1> </body>