Media › Netflix drops bid for Warner Bros, clearing way for Paramount takeover

2026-02-27 00:56:26| BBC News | Business | World Edition

Netflix's decision to back down from the bidding war clears the path for Paramount to win the takeover battle.

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Netflix is declining to raise its offer to buy Warner Bros. Discoverys studio and streaming business.

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27.02	Anthropic boss rejects Pentagon demand to drop AI safeguards
27.02	Global Market Today \| Asian markets retreat following decline in US stocks
27.02	Sebi tightens rules on MF classification, overlaps
27.02	NSE invites investment banks to pitch for managing IPO
27.02	Rising AI pressure, weak Q3 performance weigh on Capillary shares
27.02	Netflix says its not buying Warner Bros. after all: No longer financially attractive
27.02	Motilal Oswal Alternates raises Rs 1,700-crore fund
27.02	Jack Dorsey's Block cuts thousands of jobs as it embraces AI
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