Netflix has dropped out of the bidding war to acquire Warner Bros. Discovery (WBD), declining to raise its offer to counter a higher bid made this week by rival company Paramount Skydance, owned by ...

A sweetened offer gives David Ellison and Paramount another shot at claiming the studio as talk in town turns to who's backing which bid.

Netflix is declining to raise its offer to buy Warner Bros. Discovery’s studio and streaming business in a stunning move that effectively puts Paramount in a position to take over its storied ...

Netflix will walks away with a hefty $2.8 billion breakup fee as Warner Bros. Discovery shifts to Paramount and M&A drama ...

After months of tussle, Netflix has bowed out of the race for Warner Bros, paving the way for Paramount to acquire the ...

Netflix said it it won't match Paramount's latest offer for WBD, walking away from a potential deal and clearing the way for Paramount by acquisition.

The four-part Netflix docuseries chronicles the behind-the-scenes battle to succeed News Corp mogul Rupert Murdoch.

Just hours after Warner Bros. Discovery declared Paramount Skydance’s new bid a “superior proposal,” Netflix has decided to back out of the ...

Streaming giant Netflix declines to match Paramount Skydance's $31 per share offer for Warner Bros. Discovery.

Netflix, Inc. today announced that it has declined to raise its offer for Warner Bros. Netflix had earlier received notice from Warner Bros. Discovery (WBD) that its Board of Directors has determined ...

President Donald Trump last weekend demanded that Netflix fire former Obama administration official Susan Rice from its board ...

The latest season of “Drive to Survive” will also be available to U.S. viewers on Apple TV as part of a collaboration with Netflix. “Drive to Survive” has been credited with helping to increase the ...