Netflix backs away from its offer to buy Warner Bros Discovery
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Source: The Jerusalem Post
Published: 2026-02-27 11:02 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Science, Culture & Entertainment, Financial Markets, Business & Economy
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Snippet:
Netflix confirmed it was backing away from its offer to buy Warner Bros Discovery's streaming and studio assets, saying the deal was no longer financially attractive on Thursday after Paramount Skydance revised its offer for the coveted Hollywood studio to $31-a-share offer.
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