Netflix loses Warner Bros to Paramount Skydance after refusing to match $31-a-share bid
- Posted on February 27, 2026
- By Financial Express
- 3 Views
Netflix loses Warner Bros to Paramount Skydance after refusing to match $31-a-share bid
Netflix has withdrawn from the bidding war for Warner Bros. Discovery after declining to match Paramount Skydance’s $31-per-share offer. The streaming giant’s shares rose 10% following the decision.
