12:47 - 27.02.2026

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February 27, Fineko/abc.az. Netflix has refused to raise the offer to buy Warner Bros. Discovery, considering the deal economically unprofitable. Previously, the company offered $82.7 bn, including debt.

ABC.AZ informs that Warner Bros. Board of Directors approved Paramount Skydance's offer of $31 per share, with total valuation of $111 bn. Paramount also pledged to pay $2.8 bn in compensation to Netflix and $7 bn in the absence of regulatory approval.

To finance the purchase, $57.5 bn of borrowed funds were raised with the participation of Bank of America, Citigroup and Apollo Global Management.

After exiting the auction, Netflix shares rose by 13%, Warner Bros. securities decreased, Paramount's quotes hardly changed.

Netflix said it will focus on growing its own business and plans to invest approx. $20 bn in content in 2026.