Warner Bros board rebuffs Paramount bid, putting focus back on NFLX earnings
New York, Jan 19, 2026, 11:11 EST — Market closed
- Netflix shares last changed hands at $88.00, nearly flat from the previous close
- Warner Bros. Discovery’s board has urged shareholders to reject Paramount’s amended offer, throwing their support behind the Netflix deal instead
- Investors shift focus to Netflix’s Tuesday earnings, seeking clues on the 2026 outlook and updates on recent deals
Netflix (NFLX.O) shares slipped slightly to $88.00, down roughly 0.1%, after Warner Bros. Discovery’s board once again urged shareholders to turn down Paramount Skydance’s amended tender offer. The board reaffirmed its support for the existing merger deal with Netflix. (Wbd)
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