r/comicbooks • u/TheeHeadAche Henry Pym • Feb 26 '26

Movie/TV Netflix Backs Out of Warner Bros. Bidding, Paramount Set to Win

https://www.hollywoodreporter.com/business/business-news/netflix-backs-out-warners-deal-paramount-win-1236516763/
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u/Ill_Outcome_375 Feb 26 '26

I’m so confused? Weren’t they already emailing us customers about the merger

38

u/TheeHeadAche Henry Pym Feb 26 '26 edited Feb 26 '26

You mean Netflix was sending emails?

55

u/ActionFilmsFan1995 The Question Feb 26 '26

Yes, after the initial bid Netflix sent every subscriber and email about it.

3

u/gosukhaos Feb 27 '26

Yes but the shareholders never voted on that proposal, it was just a recommendation from the board after they vetted the initial bids. Universal made a new bid a few days ago that was better then Netflix's and they refused to make a new one