Netflix backs out of Warner Bros bidding war after Paramount made 'superior' offer
Warner Bros. Discovery said Tuesday that it will consider a revised offer by Paramount Skydance to upend its nearly sealed Netflix deal after the hostile bidder upped its $78 billion offer by another $2.6 billion.
31 across the spectrum · tap a section to jump
The story so far
3 developments- Feb 24Warner Bros. Discovery may upend Netflix deal after getting revised bid from David Ellison’s Paramount
- Feb 25Warner Bros. Discovery deems Paramount's takeover bid superior to Netflix deal
- Feb 27Netflix backs out of Warner Bros bidding war after Paramount made 'superior' offer
Who covered each development
No new developments
Quiet for 214 daysLast development · Feb 27 — Netflix backs out of Warner Bros bidding war after Paramount made 'superior' offer
The bigger story
Left
8 viewpointsNetflix Bows Out of Warner Bidding War, Clearing Path for Paramount Victory
Netflix drops out of the WBD bidding war, paving the way for David Ellison's Paramount to buy it
Center
17 viewpointsNetflix walks away from Warner Bros. bid, clearing path for Paramount
Netflix walks away from Warner Bros deal, clearing the path for Paramount - Boston News, Weather, Sports
Paramount emerges victorious over Netflix in Warner Bros. Discovery bidding war
Right
6 viewpointsWarner Bros. officially deems Paramount’s bid ‘superior,’ and Netflix withdraws
Netflix walks away, saying Warner was 'always a ‘nice to have’ at the right price, not a ‘must have’ at any price'
Paramount Skydance victory in Warner Bros. Discovery bidding war came after failed Netflix exec visit to win over White House
Netflix backs out of Warner Bros bidding war after Paramount made 'superior' offer
Other outlets
International, entertainment and tech outlets, by their rating. Not counted in the bar above. How we count coverage
Left
25 articlesParamount agrees to buy Warner Bros. Discovery, pays Netflix $2.8 billion for breakup
‘Win for everyone’ as Netflix quits Warner Bros takeover battle, clearing way for Paramount – business live
Netflix Says Paramount Has Paid $2.8 Billion Breakup Fee for Warner Bros. Discovery Deal
It’s a Deal: Paramount and Warner Bros. Discovery Unveil $111 Billion Megamerger
Center
0 articlesNone
Right
0 articlesNone