{"id":995196,"date":"2026-02-27T08:17:28","date_gmt":"2026-02-27T02:47:28","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=995196"},"modified":"2026-02-27T08:36:03","modified_gmt":"2026-02-27T03:06:03","slug":"paramount-skydance-wins-warner-bros-netflix-walks-away-and-its-shares-jump","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/27\/paramount-skydance-wins-warner-bros-netflix-walks-away-and-its-shares-jump\/","title":{"rendered":"Paramount Skydance wins Warner Bros; Netflix walks away and its shares jump"},"content":{"rendered":"<p>Paramount Skydance emerged as the likely winner in a months-long battle to acquire Warner Bros Discovery, after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio. <\/p>\n<p>&#8220;We&#8217;ve always been disciplined, and at the price required to match Paramount Skydance&#8217;s latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid,&#8221; Netflix said in a statement. <\/p>\n<p>Netflix confirmed to Reuters that \u200cit was walking away \u2060from bidding for \u2060Warner Bros Discovery. The Warner Bros board still has to terminate the Netflix deal and adopt Paramount Skydance&#8217;s offer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paramount Skydance emerged as the likely winner in a months-long battle to acquire Warner Bros Discovery, after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio. &#8220;We&#8217;ve always been disciplined, and at the price required to match Paramount Skydance&#8217;s latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid,&#8221; Netflix said in a statement. Netflix confirmed to Reuters that \u200cit was walking away \u2060from bidding for \u2060Warner Bros Discovery. The Warner Bros board still has to terminate the Netflix deal and adopt Paramount Skydance&#8217;s offer.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58,4,10],"tags":[],"class_list":["post-995196","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/995196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=995196"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/995196\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=995196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=995196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=995196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}