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Netflix declines to raise offer for Warner Bros
Netflix declines to raise offer for Warner Bros
Reuters
Updated Fri, February 27, 2026 at 8:06 AM GMT+9
In this article:
NFLX
+2.28%
Feb 26 (Reuters) - Netflix said on Thursday it will not raise its offer for Warner Bros Discovery after the HBO Max owner’s board determined that Paramount Skydance’s latest proposal was a “Superior Proposal” to the streaming pioneer’s existing merger agreement.
(Reporting by Jaspreet Singh in Bengaluru; Editing by Tasim Zahid)
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