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Netflix Abandons Warner Bros. Buyout, Paving Way For Paramount Takeover

 27/02/2026 2 Views
Netflix Abandons Warner Bros. Buyout, Paving Way For Paramount Takeover



Late last year, Netflix struck a deal with Warner Bros. to purchase most of the company’s assets for $82 billion. Now, Netflix has chosen to abandon that deal rather than match the higher offer made by Paramount. That paves the way for Paramount to become the new owner of Warner Bros. Discovery, pending stockholder and regulatory approval.

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