The streaming giant says the deal is no longer financially attractive after Paramount Skydance revised its offer for the coveted Hollywood s...

"This transaction was always a ‘nice to have’ at the right price, not a ‘must have’ at any price.” Netflix walks away from Warner Bros dea...

In a one-two punch of centibillion-dollar offers, the bidding war for Warner Bros. Discovery is over. David Ellison-owned Paramount will acq...

‘The deal is no longer financially attractive,’ said Netflix in a statement

The streaming giant said it would not raise its bid to buy Warner Bros. Discovery, potentially allowing Paramount Skydance to take over the...

Within minutes of Netflix announcing that it would not try to match the $31 per share Paramount offer, Sen. Cory Booker (D-NJ) was out with...

Warner Bros. Discovery has formally declared Paramount Skydance’s latest takeover proposal a “superior” offer to its existing deal with Netf...

Wall Street seems thrilled that Netflix is walking away from its deal to buy Warner Bros. Discovery. Shares of the streaming giant were up n...

Netflix has declined to raise its offer for Warner Bros. after Paramount's most recent bid was deemed a 'superior proposal.'

Netflix has thrown in the towel and won’t be raising its offer for Warner Bros. to match a rival bid by Paramount. The giant streamer said:...

It's a stunning twist.

Netflix has declined to increase its offer for Warner Bros. Discovery after the David Zaslav-led media company’s board declared Paramount Sk...

Warner Bros. Discovery, the sprawling entertainment company that owns major media brands like HBO and CNN, said on Thursday it now favors a...

In the ongoing battle between Paramount and Netflix to own Warner Bros., there’s been a shift in power, as the Warner Bros. Discovery board...

Warner Bros Discovery has determined that Paramount’s latest takeover offer is superior to the streaming and studio agreement it struck with...