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Netflix exits bidding war for Warner Bros.

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Overview
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 · 48m
Netflix Walks and Wins? Stock Pops, Wall Street Praises Call to Quit Hunt for Warner Bros.
Analysts discuss open questions and dissect the streamer's decision not to escalate the bidding further ("Take the money and run!") after co-CEO Ted Sarandos traveled to the White House.

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 · 6h
‘Win for everyone’ as Netflix quits Warner Bros takeover battle, clearing way for Paramount – business live
Las Vegas Sun · 7h
Netflix walks away from Warner Bros deal, clearing the path for Paramount
CNET · 15h
Warner Bros. Discovery Finds Paramount's Latest Bid 'Superior' to Netflix
Warner Bros. has reviewed the proposal and, on Thursday, announced that its board of directors finds the offer to be "superior" to the Netflix agreement.

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 · 12h
Netflix bows out as Paramount emerges frontrunner to acquire Warner Bros Discovery
 · 15h
Warner Bros. Discovery: Paramount’s hostile bid ‘superior’ to Netflix offer
 · 1d
Netflix co-CEO Sarandos to visit White House to discuss Warner Bros bid, Politico reports
In the heated takeover battle, Netflix has offered $27.75 per share or $82.7 billion for Warner Bros's studio and streaming assets, while rival Paramount escalated the fight on Monday with a higher $3...

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 · 14h
Netflix se retira de negociación para adquirir Warner
 · 7h
Netflix declines to match Paramount offer for Warner Bros Discovery
7h

Surprise! Paramount Just Scored A Major Victory Against Netflix To Acquire Warner Bros

Netflix heads Ted Sarandos and Greg Peters issued a joint statement amidst news that WBD was given a significantly more attractive offer by Paramount Skydance. Variety shared the statement, which seemingly all but confirmed WBD originals won't be available with a Netflix subscription in the near future:
13hon MSN

Paramount Skydance victory in Warner Bros. Discovery bidding war came after failed Netflix exec visit to win over White House

Netflix CEO Ted Sarandos failed Thursday to convince a skeptical Trump administration to approve his proposed takeover of Warner Bros. Discovery – and with that, his nearly done deal to buy WBD’s streaming service and studio went into a death spiral.
13h

Ted Went All That Way For Nuthin’: Netflix Lost WB While Sarandos Was Pitching Deal At The White House

Netflix's Ted Sarandos's White House visit proved an exercise in real-time realpolitik as Paramount won the multibillion-dollar bid for Warner Bros Discovery
1d

Netflix Co-CEO Ted Sarandos Heads To White House To Discuss Susan Rice

Ted Sarandos returns to the White House in an effort to win approval for its merger with Warner Bros. Discovery, while also arguing the future of board member Susan Rice.
3hon MSN

Netflix ditches deal for Warner Bros. Discovery after Paramount’s offer is deemed superior

Netflix is ditching a deal to buy Warner Bros. Discovery's studio and streaming assets after the WBD board deemed a revised bid by Paramount to be superior.
1d

Netflix CEO Ted Sarandos to visit White House Thursday to discuss Warner Bros. bid

Netflix’s bid for the media giant and President Donald Trump’s demand that Netflix fire board member Susan Rice.
10h

Ted Sarandos Heads to White House as Fight Over Warner Bros. Intensifies and Hollywood Takes Sides

A sweetened offer gives David Ellison and Paramount another shot at claiming the studio as talk in town turns to who's backing which bid.
2d

Ted Sarandos Has Bold Message for Donald Trump After Netflix Firing Rant

CEO and Chief Content Officer Ted Sarandos has hit back at Donald Trump after the latter asked for the removal of Susan Rice from the streaming platform’s board. He rebuffed the current
4d

Ted Sarandos Responds to Donald Trump’s Call to Fire Board Member Susan Rice: ‘He Likes to Do a Lot of Things on Social Media’

Ted Sarandos has brushed off Donald Trump‘s social media demand that Netflix fire board member Susan Rice, saying the streamer’s bid for Warner Bros. Discovery is a business matter and not a political one.
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