economy
February 27, 2026
Netflix drops bid for Warner Bros. Discovery and paves way for Paramount acquisition
Netflix has ended its bid for Warner Bros. Discovery and is clearing the way for a Paramount acquisition. CBS News' Jo Ling Kent reports.
TL;DR
- Netflix has ended its bid for Warner Bros. Discovery.
- This action clears the way for a Paramount acquisition.
- CBS News' Jo Ling Kent reported on the development.
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