Close
MyNorthwest
News
Opinion
Sports
Tools
Connect

NATIONAL NEWS

Warner Bros. Discovery deems Paramount’s takeover bid superior to Netflix deal

Feb 26, 2026, 1:36 PM | Updated: 6:36 pm

Associated Press's Profile Picture

BY ASSOCIATED PRESS


NEW YORK (AP) — Warner Bros. Discovery has determined that Paramount’s latest takeover offer is better than the streaming and studio deal it struck with Netflix, marking a stark shift in momentum in the fight for the storied Hollywood giant.

The owner of HBO Max, DC Studios and popular titles like “Harry Potter” had previously backed Netflix’s proposal for months. But after Skydance-owned Paramount upped its rival bid for the entire company to $31 per share, in addition to other revisions, Warner’s board changed its tone about the best option on the table.

That could mean the start of a fresh bidding war over Warner. Netflix now has four business days to try and match Paramount’s proposal to further revise its offer — which currently stands at $27.75 per share for Warner’s studio and streaming business.

National News

Associated Press

Assailant lunged at Democratic candidate for Ohio governor at fair, campaign says

WASHINGTON (AP) — An armed assailant lunged at the Democratic candidate for Ohio governor, Amy Acton, on Sunday during a campaign stop at the Canfield Fair, injuring several people, campaign officials said. The suspect knocked volunteers to the ground and was arrested with “multiple weapons,” Mahoning County Democratic Party chairman Chris Anderson said in a […]

1 hour ago

This photo provided by Steve Hague shows a surfer at Newport Beac, Saturday, Sept. 5, 2026, in Newp...

Associated Press

Storm creates huge waves and dangerous currents at southern California beaches

Hurricane Marie, well out in the Pacific, created flooding and dangerous conditions at some southern California beaches over Labor Day weekend, with strong currents and huge waves presenting a threat to swimmers and surfers. Rose Schoenfeld, a National Weather Service meteorologist, said Sunday that Marie stirred up “life-threatening” conditions as it churned in the ocean […]

3 hours ago

This satellite image released by NOAA shows Hurricane Lowell approaching Hawaii, Sunday, Sept. 6, 2...

Associated Press

Hawaii residents told to expect tropical storm conditions as Hurricane Lowell passes to the west

LIHUE, Hawaii (AP) — Officials in Hawaii urged residents and visitors to prepare for heavy rains, flooding and possibly mudslides as Hurricane Lowell, a major Category 3 storm, prompted the National Hurricane Center to issue a tropical storm warning for two islands on Sunday. The Miami-based center issued the warning for Kauai and Niihau as […]

3 hours ago

Associated Press

Amazon cargo plane sends up billowing cloud of smoke after overrunning runway at Miami airport

MIAMI (AP) — An Amazon cargo plane overshot a runway at Miami International Airport on Sunday, pausing flights at the busy travel hub as images showed plumes of black smoke pouring from the plane. The Federal Aviation Administration said the aircraft overran the runway at around 2 p.m. after heading into Florida from San Juan, […]

4 hours ago

Envelopes for mail-in ballots at the Wake County Board of Elections are seen on Thursday, Sept. 3, ...

Associated Press

Trump administration makes another appeal to the Supreme Court to allow mail ballot restrictions

WASHINGTON (AP) — The Trump administration on Sunday renewed its appeal to the Supreme Court after a federal judge blocked new restrictions on mail ballots ahead of the midterms. The filing came after U.S. District Court Judge Indira Talwani extended an order against the Postal Service enforcing President Donald Trump’s executive order for the November […]

9 hours ago

City Councillor Renaldo Agostino looks at the Detroit skyline across the Detroit River Monday, Aug....

Associated Press

US tourism groups want to win Canadian visitors back. A testy trade war isn’t helping

LAS VEGAS (AP) — Appeals from American tourism organizations seemed to be everywhere Josh Loewen looked over the last year. Billboards and banners proclaimed a state or city’s love for Canada. Online and social media ads offered special deals for travelers from north of the border. As a Vancouver resident and marketing executive himself, Loewen […]

11 hours ago

Warner Bros. Discovery deems Paramount’s takeover bid superior to Netflix deal