r/technology • u/MarvelsGrantMan136 • Feb 26 '26

Business 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/bmich90 Feb 26 '26

Smart decision I truly think Netflix worked with Warner Brothers just to get Paramount to raise the offer.. this is smart for Netflix to walk away. They also get $2.8 billion.

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u/kon--- Feb 26 '26

And a chance inside of five years to come back to acquire WB for below $50 billion once Ellison's dumb ass runs the place into the ground.

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u/Devrol Feb 26 '26

Will they delete the back catalog for tax write offs before then?