{"id":2302293,"date":"2026-02-27T01:47:30","date_gmt":"2026-02-27T01:47:30","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2302293"},"modified":"2026-02-27T01:47:30","modified_gmt":"2026-02-27T01:47:30","slug":"netflix-stock-up-nearly-10-after-ditching-warner-bros-discovery-deal","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/netflix-stock-up-nearly-10-after-ditching-warner-bros-discovery-deal\/","title":{"rendered":"Netflix Stock Up Nearly 10% After Ditching Warner Bros. Discovery Deal"},"content":{"rendered":"<p><\/p>\n<div role=\"presentation\">Wall Street seems thrilled that <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0144901\/\">Netflix<\/a> is walking away from its deal to buy <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0863266\/\">Warner Bros. Discovery<\/a>.<\/p>\n<p>Shares of the streaming giant were up nearly 10% in after-hours trading, at more than $92, after Netflix declined to increase its offer for the film and media giant after the company\u2019s board declared <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co1159016\/\">Paramount Skydance<\/a>\u2019s new bid was a \u201csuperior proposal.\u201d Netflix\u2019s stock had closed Thursday at $84.59.<\/p>\n<p>In December, Netflix outmaneuvered <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0858764\/\">Paramount<\/a> to secure a deal to buy Warner Bros. Discovery\u2019s studio and streaming businesses for $27.75 per share. This week, Paramount sweetened its offer to buy all of Warner Bros. Discovery, including its struggling cable business, increasing it from $30 per share to $31 per share.<\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0026840\/\">Warner Bros.<\/a> controls the rights to the <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0038332\/\">DC Comics<\/a> library of superheroes, \u201cHarry Potter\u201d film and television rights, as well as HBO, still the preeminent brand in television. However, investors had been skeptical about the wisdom&#8230;<\/p>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.imdb.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wall Street seems thrilled that Netflix is walking away from its deal to buy Warner Bros. Discovery. Shares of the streaming giant were up nearly 10% in after-hours trading, at more than $92, after Netflix declined to increase its offer for the film and media giant after the company\u2019s board declared Paramount Skydance\u2019s new bid [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2302294,"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-2302293","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-Stock-Up-Nearly-10-After-Ditching-Warner-Bros-Discovery.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2302293","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=2302293"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2302293\/revisions"}],"predecessor-version":[{"id":2302295,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2302293\/revisions\/2302295"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2302294"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2302293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2302293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2302293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}