Netflix drops bid for Warner Bros, clearing way for Paramount takeover BBCWarner Bros. Discovery deems Paramount Skydance offer superior to Netflix, starting 4-day matching clock CNBCNetflix Backs Out of Warner Bros. Bidding, Paramount Set to Win The Hollywood ReporterNetflix Drops Warner Bros. Bid, Leaving Paramount the Winner Bloomberg.comParamount Skydance wins Warner Bros; Netflix walks away and its shares jump Reuters