Warner Bros. Discovery said Thursday that it prefers the latest offer from rival Hollywood studio Paramount over a bid it accepted from Netflix. Bloomberg/Bloomberg via Getty Images/Bloomberg
Bloomberg/Bloomberg via Getty Images/Bloomberg
The Warner Bros. Discovery board announced late Thursday afternoon that Paramount’s sweetened bid to buy the entire company is “superior” to an $83 billion deal it had struck with Netflix for the purchase of its streaming services, studios, and intellectual property.
Netflix says it
To ensure diverse coverage and expert insight across a wide range of topics, our publication features contributions from multiple staff writers with varied areas of expertise.


