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Netflix After the WBD Deal Collapse

TheMotleyFool

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Netflix After the WBD Deal Collapse: https://g.foolcdn.com/editorial/images/859332/family-watching-movies-streaming-1200x800-5b2df79.jpg

One of the biggest stories in the entertainment industry so far in 2026 is Netflix (NASDAQ: NFLX) missing out on its proposed acquisition of parts of Warner Bros. Discovery.

On Dec. 5, 2025, Netflix announced it had signed a deal to acquire the Warner Bros. studio and other entertainment assets from Warner Bros. Discovery (NASDAQ: WBD) for $27.75 per share, with a total enterprise value of $82.7 billion. This set off a complex high-stakes bidding war with Paramount Skydance (NASDAQ: PSKY), which submitted its own competing offer.

Source Fool.com