“Moments ago, Netflix said it is declining to raise its offer for the purchase of Warner Bros. Studios and HBO, following the Warner Bros. “Paramount has submitted a superior offer, according to Warner Bros. Discovery’s board. As I’ve noted, Warner Bros. “The mood is horrific,” a CNN insider told Fox News Digital. Who is gonna get canned?”4 “The mood is horrific,” a CNN insider told Fox News Digital.

Source: CNN February 28, 2026 22:14 UTC