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Warner Bros Deal
Entertainment February 27, 2026

Warner Bros Deal: Netflix Pulls Out of $111bn as Paramount Skydance Takes Lead

Warner Bros Deal: Netflix has withdrawn from its proposed takeover of Warner Bros. Discovery, effectively clearing the way for Paramount Skydance to secure a deal valued at approximately $111bn (£82.2bn). Warner Bros confirmed on Thursday that Paramount’s revised offer was “superior” to Netflix’s earlier proposal. Netflix, which had previously agreed to acquire parts of the […]

Frank Ocansey

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