Netflix declines to raise offer for Warner Bros
FILE PHOTO: A drone view shows the Netflix logo on one of the company's buildings in the Hollywood neighborhood in Los Angeles, California, U.S., January 20, 2026. REUTERS/Daniel Cole/File Photo
Feb 26 : Netflix said on Thursday it will not raise its offer for Warner Bros Discovery after the HBO Max owner's board determined that Paramount Skydance's latest proposal was a "Superior Proposal" to the streaming pioneer's existing merger agreement.