Tuesday, June 30, 2026
Business

In reversal, Warner Bros. jilts Netflix for Paramount

Warner Bros. says Paramount's sweetened bid to buy the whole company is "superior" to an $83 billion deal it struck with Netflix for just its streaming services, studios, and intellectual property.

In reversal, Warner Bros. jilts Netflix for Paramount
Image: NPR Business

Warner Bros. says Paramount's sweetened bid to buy the whole company is "superior" to an $83 billion deal it struck with Netflix for just its streaming services, studios, and intellectual property.

(Image credit: Bloomberg/Bloomberg via Getty Images)

Originally published at NPR Business

The Morning Briefing

Subscribe to our Newsletter

Be the first to receive the latest news, market analysis and updates — delivered straight to your inbox.