Netflix Buying Warner Bros: All the Latest Updates
January 7, 2026
Warner Bros. Discovery has rejected yet another bid from Paramount. The WBD board of directors announced on Wednesday that Paramount’s amended offer from last month is still considered "inferior" to Netflix’s proposal. They also stated that Paramount continues to provide “insufficient value” for the acquisition.
This ongoing bidding war highlights the intense competition in the entertainment industry, with major companies vying for control over influential media assets. As negotiations continue, industry insiders are closely watching for further developments.
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Posted Jan 7, 2026 at 1:58 PM UTC