Warner Bros. Discovery: Paramount’s hostile bid ‘superior’ to Netflix offer
The Hill
by Dominick MastrangeloFebruary 26, 2026
Warner Bros. Discovery, the sprawling entertainment company that owns major media brands like HBO and CNN, said Thursday it now favors a bid made by Paramount to buy the company’s key assets over a previous agreement with streamer Netflix. The company’s board, “following consultation with its independent financial and legal advisors,” said it had found…
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Originally published on The Hill on 2/26/2026