Netflix isn't going to buy Warner Bros after all, meaning Paramount is set to take HBO, Warner Bros Games, and the rest

PC Gamer
by Tyler Wilde
February 27, 2026
 Netflix isn't going to buy Warner Bros after all, meaning Paramount is set to take HBO, Warner Bros Games, and the rest
The acquisition was "always a 'nice to have' at the right price, not a 'must have' at any price," Netflix said.
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Originally published on PC Gamer on 2/27/2026