Netflix pulls out of Warner Bros race
Paramount Skydance is on course to win the Warner Bros Discovery (WBD) takeover battle after rival Netflix stepped away.
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Netflix has seen its shares fall sharply despite upbeat financial results revealed hours after it simplified an offer for Warner Bros in a bid to get the deal over the line.
More...20-01-2026, 09:39 PM -
Netflix has boosted its offer for media giant Warner Bros Discovery (WBD) as it seeks to fend off a hostile takeover from entertainment conglomerate Paramount.
More...20-01-2026, 05:58 PM -
The board of Warner Bros Discovery (WBD) has urged its shareholders to reject an amended hostile bid by Paramount Skydance while maintaining its unanimous support for a rival offer by Netflix.
...07-01-2026, 09:31 PM