Technology Netflix backs out of bid for Warner Bros. Discovery, giving studios, HBO, and CNN to Ellison-owned Paramount. Last updated: February 27, 2026 5:40 am By Web Desk Share 0 Min Read SHARE Discovery is over. David Ellison-owned Paramount will acquire Warner Bros. Netflix has lost. . Discovery. Share This Article Facebook Twitter Whatsapp Whatsapp Email Copy Link Previous Article Instagram will alert parents if their kids ‘repeatedly’ search for self-harm topics. Next Article Jack Dorsey just halved the size of Block’s employee base — and he says your company is next. Leave a comment Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ