Warner Brothers Discovery Bidding War
Netflix retreats from Warner Brothers bidding war
The decision clears the way for Paramount Skydance to acquire the entire media conglomerate.
Paramount ups final bid to $31/share for Warner Brothers Discovery
The WBD board had set Feb 23 as the "best and final" deadline after rejecting Paramount's Feb 10 proposal for falling short of a "superior proposal".
Senate Hearing on Netflix-WBD merger
On Feb 3, 2026, the Senate Judiciary Subcommittee on Antitrust, Competition Policy, and Consumer Rights held a hearing to the Netflix-WBD proposed merger.
Netflix ups Warner Brothers bid to all-cash offer
Netflix amended its offer to an all-cash bid for WBD's studio and streaming assets, valued at approximately $27.75 per share.
Paramount launches lawsuit and proxy fight against Warners Brothers Discovery
Paramount Skydance is currently engaged in a high-stakes legal and corporate battle against WBD following a rejected hostile takeover attempt.
Paramount Skydance’s $108.4billion counter-bid for Warner Bros Discovery
The potential reshaping of Hollywood has sparked industry concern as theater groups warned a Netflix-led model could further sideline theatrical releases.
Netflix acquires Warner Brothers Discovery
Netflix agreed to acquire Warner Bros. Discovery‘s film, television studios, and streaming service (HBO Max) for $72 billion.