Netflix investors cheer decision to drop Warner Bros. fight

The Netflix announcement came shortly after Warner Bros.’ board announced that a new $111 billion takeover offer from ...

Netflix Dropping WBD Bid Is 'Best Move' For Investors, Says Gary Black, Sees 18% Upside

Netflix Inc. NFLX shares soared nearly 9% in overnight trading on Thursday as the streaming giant officially declined to raise its offer for Warner Bros. Discovery WBD. Financial Discipline Over M&A ...

After Netflix Drops Warner Bros. Bid, GOP Senator Cancels Planned Antitrust Hearing; Top Democrat Vows To “Exercise Congress’ Oversight Authority” — Update

In a statement, Lee said, “Netflix’s proposed acquisition of Warner Brothers raised serious antitrust concerns. When a massive streaming platform consolidates even more TV shows and movies behind a ...

Netflix’s Co-CEO explains why he quit the Warner Bros. fight

In his first interview since abandoning the pursuit, Ted Sarandos said the decision to drop out had actually been made earlier, based on various bidding scenarios Netflix had worked out in ...

New Netflix Spy Show Is #2 on Streaming Charts, but Dropped Viewers

The newest season of a Netflix spy thriller secured a top spot on the streamer’s list of top 10 shows, but suffered ...