Netflix declines to raise its offer to buy Warner, says deal is ‘no longer financially attractive’ 

Netflix backs away from its offer to buy Warner Bros Discovery

Netflix stated that a previous offer to buy Warner Bros Discovery's streaming and studio assets was no longer financially attracted after Paramount Skydance revised its offer.

It's easy to understand why Netflix walked away from WBD

Netflix co-CEO Ted Sarandos visited the White House Thursday afternoon to discuss his company's Warner Bros. bid. Hours later, Netflix walked away from the deal. Andrew Leyden/Getty Images Netflix has never made a giant acquisition. That's why it was surprising that it made an $83 billion bid for Warner Bros. Discovery. But both Netflix shareholders and Republicans hated the deal. Investors didn't want Netflix to buy Warner Bros. Discovery. Republicans didn't want the deal to happen, either...

Netflix abandons Warner Bros bid, clearing the way for Paramount

Netflix said Thursday it would not raise its takeover offer for Warner Bros. Discovery, effectively ceding the media giant to a rival bid from Paramount Skydance after deciding the deal was no longer financially attractive. The streaming giant’s co-CEOs Ted Sarandos and Greg Peters said they were “declining to match” Paramount Skydance’s latest offer after Warner Bros. Discovery’s board declared it a “Superior Proposal” under the terms of its existing merger agreement with Netflix. The...

By Agence France-Presse

Kein „Must Have“: Netflix gibt im Rennen um Warner auf

Der Streamingdienst zieht sich abrupt aus dem Bieterkampf um den Unterhaltungskonzern zurück – und macht damit die Bahn frei für den Rivalen Paramount.

By Roland Lindner, New York

Strijd om Warner Bros. lijkt beslist: Netflix trekt zich terug

De Amerikaanse film- en tv-producent Warner Bros. lijkt toch in handen te komen van concurrent Paramount. Netflix heeft zich namelijk teruggetrokken uit de strijd om de overname. Netflix laat weten geen hoger bod te doen. Eigenlijk zou Netflix Warner Bros. overnemen, zo bleek eind vorig jaar, maar Paramount mengde zich al snel in de strijd. Die laatste heeft volgens de raad van bestuur van Warner Bros. Discovery nu een "superieur voorstel" gedaan. Naast 111 miljard dolla...

Netflix walks away from Warner Bros bid, clearing path for Paramount

The streaming giant's co-CEOs Ted Sarandos and Greg Peters said they were 'declining to match' Paramount Skydance's latest offer, which included a purchase price of $31.00 per share in cash, a one-dollar increase from its earlier bid, which valued the company at around $108 billion.

Netflix tira la toalla y Paramount gana la apuesta para quedarse con Warner Bros

Los codirectores ejecutivos del gigante del streaming renuncian a la puja porque el precio ya no es el adecuado para los accionistas ni financieramente atractivo

By Francesc Peiron Arques

Netflix declines to raise offer for Warner Bros - Reuters

Netflix declines to raise offer for Warner Bros  Reuters