Netflix Bows Out, Paramount Wins Warner Bros. Bid
February 28, 2026·about 2 hours ago·via Fortune
Netflix shocks Hollywood by pulling out of the Warner Bros. bidding war, handing victory to Paramount Skydance in a blockbuster $111 billion deal that swallows HBO, CNN, and the Warner studios. Paramount's aggressive playbook - lawsuits, hostile bids, and savvy lobbying of the Trump administration and GOP in Congress - outmaneuvered Netflix's $82.7 billion offer, proving discipline and political muscle beat deep pockets every time.
Related Coverage
Explore More
Texas Senate Primaries Test Party Directions
Trump Global Tariffs Launch at Lower-Than-Expected Rate
Trump SOTU: America Back, Dems Bashed
White House Confirms No Trump Pardon for SBF
Rand Paul Bill Ends Vaccine Makers' Liability Shield
FAA Shuts Down Air Space Over El Paso for 10 Days
Todd Starnes
Grade School Teacher at Fort Bragg Shows Up to Class Wearing Dog Collar and Animal Tail
Todd Starnes
MAGA Defends Arizona Diner Under Fire for Feeding ICE Free Burritos
Todd Starnes
Blackburn Demands Answers After Memphis DA Fails to Prosecute Dangerous Criminals
Todd Starnes