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Warner Bros. Discovery Declares New Paramount Bid a ‘Superior Proposal’; Netflix Has Four Business Days to Match

The board of Warner Bros. Discovery said Thursday it has determined that the latest offer from Paramount Skydance is a “superior proposal” to its existing pact with Netflix. The move sets off a four-day clock for Netflix to make a counteroffer to the nearly $83 billion deal that it reached with WBD

EntertainmentBy Wire ServicesFebruary 26, 20261 min read

Last updated: April 3, 2026, 6:21 PM

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Warner Bros. Discovery Declares New Paramount Bid a ‘Superior Proposal’; Netflix Has Four Business Days to Match

The board of Warner Bros. Discovery said Thursday it has determined that the latest offer from Paramount Skydance is a “superior proposal” to its existing pact with Netflix. The move sets off a four-day clock for Netflix to make a counteroffer to the nearly $83 billion deal that it reached with WBD in early December. […]

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