<\/p>\n
Just a couple of hours after the David Zaslav<\/a>-led media company\u2019s board declared Paramount<\/a>‘s new bid a \u201csuperior proposal,\u201d Netflix<\/a> announced that it had declined to increase its offer and had officially pulled out of the bidding war.<\/p>\n Netflix’s swift response has come as quite a surprise, since the streamer had four business days to come up with a new proposal to salvage the deal.<\/p>\n Netflix co-CEOs Ted Sarandos<\/a> and Greg Peters<\/a> released the following joint statement.<\/p>\n \u201cThe transaction we negotiated would have created shareholder value with a clear path to regulatory approval.<\/p>\n<\/div>\n \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n \u2018 Some details of this article were extracted from the following source www.imdb.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":" It looks like Paramount Skydance will soon be the new owner of Warner Bros. Discovery. Just a couple of hours after the David Zaslav-led media company\u2019s board declared Paramount‘s new bid a \u201csuperior proposal,\u201d Netflix announced that it had declined to increase its offer and had officially pulled out of the bidding war. Netflix’s swift […]<\/p>\n","protected":false},"author":2,"featured_media":2302249,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25177],"tags":[25538,31714,21751,22556,21993,22860,21912,21738,24141,22205,21913],"class_list":["post-2302248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-celebrities","tag-actors","tag-actresses","tag-celebrities","tag-directors","tag-films","tag-hollywood","tag-movies","tag-news","tag-stars","tag-television","tag-tv"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2026\/02\/Netflix-Officially-Backs-Out-Of-Warner-Bros-Discovery-Bid-Paramount.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2302248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2302248"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2302248\/revisions"}],"predecessor-version":[{"id":2302250,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2302248\/revisions\/2302250"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2302249"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2302248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2302248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2302248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}