Economy Bloomberg 1h ago

Netflix Ends Warner Bros. Bid After Paramount Raises Offer

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Why This Matters

Netflix has withdrawn its bid for Warner Bros. Discovery, paving the way for Paramount Skydance to acquire the studio, as Paramount has raised its offer.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Netflix has dropped out of the fight to buy Warner Bros. Discovery, clearing the way for Paramount Skydance to clinch its deal for the historic Hollywood studio. Bloomberg's Lucas Shaw reports. (Source: Bloomberg)

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Original article published by Bloomberg on February 27, 2026.
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