Warner Bros rejects latest Paramount bid but open to ‘best and final’ offer
The Warner Bros Discovery board says it remains committed to the Netflix deal.
![Paramount has said the board "never meaningfully engaged" with its offers [Adam Gray/Reuters]](/wp-content/uploads/2026/02/2026-02-17T181656Z_290930714_RC2TNJAJGP22_RTRMADP_3_WARNER-BROS-DIS-M-A-PARAMOUNT-SKYDAN-1771359118.jpg?resize=770%2C513&quality=80)
The Warner Bros Discovery board says it remains committed to the Netflix deal.
![Paramount has said the board "never meaningfully engaged" with its offers [Adam Gray/Reuters]](/wp-content/uploads/2026/02/2026-02-17T181656Z_290930714_RC2TNJAJGP22_RTRMADP_3_WARNER-BROS-DIS-M-A-PARAMOUNT-SKYDAN-1771359118.jpg?resize=770%2C513&quality=80)



![Paramount Skydance also offered to cover the termination fee if Warner Bros. Discovery walks away from the Netflix deal [File: Mike Blake/Reuters]](/wp-content/uploads/2026/02/2026-01-22T131001Z_264531435_RC2I0JAF57S4_RTRMADP_3_WARNER-BROS-DISCOVERY-M-A-PARAMOUNT-SKYDAN-1770741666.jpg?resize=770%2C513&quality=80)




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