Netflix (NFLX)

Material Event•Low

Netflix Netflix terminates material agreement

Netflix (NFLX) terminated its Amended and Restated Merger Agreement with Warner Bros. Discovery (WBD) that was originally entered on January 19, 2026, which would have resulted in Netflix acquiring WBD's Streaming & Studios businesses. WBD provided termination notice on February 26, 2026, ending the complex transaction that involved internal reorganization and separation of WBD's Global Linear Networks before the merger. This termination is significant for investors as it keeps both media companies independent and likely returns them to organic growth strategies rather than the transformative combination.

Feb 27, 2026

Material Event•Low

Netflix Netflix terminates material agreement

Netflix (NFLX) terminated its Amended and Restated Merger Agreement with Warner Bros. Discovery (WBD) that was originally entered on January 19, 2026, which would have resulted in Netflix acquiring WBD's Streaming & Studios businesses. WBD provided termination notice on February 26, 2026, ending the complex transaction that involved internal reorganization and separation of WBD's Global Linear Networks before the merger. This termination is significant for investors as it keeps both media companies independent and likely returns them to organic growth strategies rather than the transformative combination.

Feb 27, 2026

Material Event•Low

Netflix Netflix terminates material agreement

Netflix (NFLX) terminated its Amended and Restated Merger Agreement with Warner Bros. Discovery (WBD) that was originally entered on January 19, 2026, which would have resulted in Netflix acquiring WBD's Streaming & Studios businesses. WBD provided termination notice on February 26, 2026, ending the complex transaction that involved internal reorganization and separation of WBD's Global Linear Networks before the merger. This termination is significant for investors as it keeps both media companies independent and likely returns them to organic growth strategies rather than the transformative combination.

Feb 27, 2026

Material Event•Low

Netflix Netflix terminates material agreement

Netflix (NFLX) terminated its Amended and Restated Merger Agreement with Warner Bros. Discovery (WBD) that was originally entered on January 19, 2026, which would have resulted in Netflix acquiring WBD's Streaming & Studios businesses. WBD provided termination notice on February 26, 2026, ending the complex transaction that involved internal reorganization and separation of WBD's Global Linear Networks before the merger. This termination is significant for investors as it keeps both media companies independent and likely returns them to organic growth strategies rather than the transformative combination.

Feb 27, 2026

Material Event•Low

Netflix Netflix terminates material agreement

Netflix (NFLX) terminated its Amended and Restated Merger Agreement with Warner Bros. Discovery (WBD) that was originally entered on January 19, 2026, which would have resulted in Netflix acquiring WBD's Streaming & Studios businesses. WBD provided termination notice on February 26, 2026, ending the complex transaction that involved internal reorganization and separation of WBD's Global Linear Networks before the merger. This termination is significant for investors as it keeps both media companies independent and likely returns them to organic growth strategies rather than the transformative combination.

Feb 27, 2026

Material Event•Low