Paramount might beat Netflix for Warner Bros.
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Netflix Drops 'Being Gordon Ramsay
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While Netflix ( NFLX +0.03%) generated media excitement with its intention to acquire Warner Bros. Discovery ( WBD 0.19%), Wall Street was not thrilled with the news. The streaming leader's stock is down 18% in 2026 through the week ending Feb. 13, plunging to a 52-week low of $75.23.
As Netflix stock continues to face pressure amid its $83 billion pursuit of Warner Bros. streaming and studio assets, co-CEO Ted Sarandos blamed the recent volatility largely on the ongoing bidding war with Paramount,
Netflix released Thursday the trailer for “Peaky Blinders: The Immortal Man.” The movie, starring original TV series star Cillian Murphy as Tommy Shelby, will be released in select theaters on March 6, then on Netflix on March 20.
Some cinema operators remain wary of Netflix’s bid, including Cinemark CEO Sean Gamble, who said Wednesday he is “apprehensive” Netflix will commit to standard theatrical release windows.