Entertainment Netflix walks away from Warner Bros. Discovery bid, collects $2.8B breakup fee, cites M&A discipline gain by Lila Roberts - Entertainment Editor April 17, 2026 by Lila Roberts - Entertainment Editor April 17, 2026 Netflix walked away from its $83 billion bid for Warner Bros. Discovery after Paramount Skydance offered $110 billion, collecting a $2.8 billion breakup fee and asserting that the failed deal … 0 FacebookTwitterPinterestEmail