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Netflix shares just jumped circa 13%, just scored a free US$2.8bn payout

Netflix shares just jumped circa 13%, just scored a free US$2.8bn payout

Stocks
Eamonn Sheridan
2 hours ago
  • Netflix has opted not to increase its bid for Warner Bros.
netflix termination fee paramount 27 February 2026

Netflix has opted not to increase its bid for Warner Bros., stepping away from the deal. Shares of Netflix surged as much as 13% in after-hours trading, while the company will receive a $2.8 billion breakup fee following its withdrawal.

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