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Cinemablend
Cinemablend
Entertainment
Mick Joest

Surprise! Paramount Just Scored A Major Victory Against Netflix To Acquire Warner Bros

Side by side logos for Netflix, Warner Bros. and Paramount Pictures.

It wasn't that long ago that Netflix's acquisition of Warner Bros. Discovery felt like a done deal. Paramount Skydance kept trying, however, and amidst all the threats of legal action and snarky comments thrown both ways, it appears that Netflix is surprisingly officially throwing in the towel.

Netflix heads Ted Sarandos and Greg Peters issued a joint statement amidst news that WBD was given a significantly more attractive offer by Paramount Skydance. Variety shared the statement, which seemingly all but confirmed WBD originals won't be available with a Netflix subscription in the near future:

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