‘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...

NEW YORK (AP) — Warner Bros. Discovery has determined that Paramount’s latest takeover offer is better than the streaming and studio deal it...

The board of Warner Bros. Discovery said Thursday it has determined that the latest offer from Paramount Skydance is a “superior proposal” t...

The WBD board determined that Paramount's revised offer of $31 per share bests Netflix's, but the streaming giant has a matching right.