Event Brief
Netflix Ditches Deal for Warner Bros. Discovery
Filed: Feb 26, 2026 at 6:02 PM ET
Summary: Netflix walks away from acquiring Warner Bros. Discovery after Paramount's superior bid.
WHO: Netflix, Warner Bros. Discovery, Paramount
WHAT: Netflix cancels acquisition deal
WHEN: Feb 25, 2026 at 7:00 PM ET
WHERE: Location not specified
WHY: Paramount's revised bid deemed superior
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