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Event Brief

Netflix Backs Out of Bid for Warner Bros.

The move was a stunning development in the long-running corporate battle for the storied media giant.
WHO: Netflix
WHAT: Backs out of bid for Warner Bros.
WHEN: Feb 26, 2026 at 5:52 PM ET
WHERE: Location not specified
WHY: Paving way for an Ellison takeover
Sources (1): New York Times

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