WB shocker: Netflix is out after Paramount increases its bid

The path is clear for David Ellison's company to corner a lion's share of the kids & family market. But will he invest in new content—or just license out the library?

By Sadhana Bharanidharan

February 27, 2026

TAGS:

antitrust, bidding war, Cartoon Network, David Ellison, maureen kerr, mergers and acquisitions, Netflix, Nickelodeon, Paramount, Ted Sarandos, WB animation, WBD

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