Netflix ditches deal for Warner Bros. Discovery after Paramount’s offer is deemed superior

Netflix is ditching a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board deemed a revised bid by Paramount to be superior.

# Netflix ditches deal for Warner Bros. Discovery after Paramount’s offer is deemed superior Netflix is ditching a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board deemed a revised bid by Paramount to be superior. **Read the full article:** [CNBC](https://www.cnbc.com/2026/02/26/warner-bros-discovery-paramount-skydance-deal-superior-netflix.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*