“So we are declining to match the Paramount Skydance bid.”Netflix shareholders never liked the Warner Bros deal. The stock lost about 40% of its value in the five months after the company’s interest in Warner Bros first became public. That made Netflix’s decision to bid for Warner Bros. all the more surprising. As a threat to the old ways of doing business in Hollywood, Netflix had numerous dust-ups with studios. In later years, Hollywood studios began to question their decision to license their best movies and TV shows to Netflix.

Source: Irish Examiner February 27, 2026 11:01 UTC