Netflix declined to raise its proposal to match a higher one from Paramount for Warner Bros.

If Warner’s board changes course and deems Paramount’s latest offer superior, Netflix will be able to revise its bid.

Neither company provided further details on the revised Paramount bid, but it was widely expected to have raised its offer.

Warner Bros says the latest proposal could convince it to abandon the deal it struck with Netflix.

Warner Bros said Paramount's revised offer includes a purchase price of $31.00 per share in cash, a one-dollar-per-share increase from its earlier offer, which was valued at…

Warner Bros. Discovery announced Tuesday that Paramount Skydance has raised its purchase offer to $31 per share, which may top Netflix's offer.

Netflix is declining to raise its offer to buy Warner Bros. Discovery’s studio and streaming business.

That could mean the start of a fresh bidding war over Warner.

WBD has valued Paramount Skydance's latest takeover offer as superior to a deal with Netflix, another twist in the ongoing battle for the legacy media assets.

WBD board says $31-per-share offer constitutes ‘company superior proposal’, triggering Netflix’s window to respond

Netflix anunció que se retira de la batalla por adquirir Warner Bros. Discovery tras las nueva oferta presentada por Paramount Skydance.

Netflix's decision to back down from the bidding war clears the path for Paramount to win the takeover battle.

Netflix on Thursday stateside said it declined to raise a counteroffer for Warner Bros. Discovery's studio and streaming assets.

Netflix on Thursday stateside said it declined to raise a counteroffer for Warner Bros. Discovery's studio and streaming assets.

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NEW YORK: Netflix is walking away from its offer to buy Warner Bros. Discovery’s studio and streaming business, in a stunning move that effectively puts Paramount in a position to…

Warner's board hasn't officially adopted Paramount's merger agreement yet, but once it does, Zaslav said it “will create tremendous value.”

Netflix has decided to drop its attempt to buy Warner Bros. Discovery after Paramount Skydance raised its purchase offer, ending a monthslong battle.

Paramount's merger with Warner Bros would unite two major Hollywood studios, two streaming platforms and two news operations.

Paramount's merger with Warner Bros would unite two major Hollywood studios, two streaming platforms and two news operations.

Netflix declined to raise its proposal to match a higher one from Paramount for Warner Bros.