Paramount Muscles Out Netflix for Warner Control
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 27 February 2026
⏱️ 12 minutes
🧾️ Download transcript
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| 0:00.0 | Pakistan bombs Afghanistan following a series of cross-border attacks. |
| 0:08.0 | Plus, Paramount wins the bidding war for Warner Brothers as Netflix bows out. |
| 0:12.9 | Netflix dropped out after Paramount had raised its bid to a point where Netflix said, |
| 0:18.0 | Uncle. |
| 0:18.9 | And Anthropic rejects a Pentagon ultimatum to loosen its |
| 0:22.5 | AI guardrails. It's Friday, February 27th. I'm Daniel Bach for the Wall Street Journal, |
| 0:27.9 | filling in for Luke Vargas. And here's the AM edition of What's News, the top headlines, |
| 0:32.4 | and business stories moving your world today. Pakistan has declared open war with Afghanistan following a series of |
| 0:41.9 | cross-border attacks. Pakistan's defense minister said the country's patience had run out after years |
| 0:47.8 | of simmering conflict. The country's security forces say they've responded in full force, |
| 0:53.4 | striking Taliban hideouts and hitting targets in the Afghan capital Kabul. |
| 0:57.8 | According to the Taliban government, there were no casualties. |
| 1:01.6 | Journal correspondent Suna Rasmussen has spent years covering the war in Afghanistan. |
| 1:05.9 | Suna, just explained to us what's happening this morning. |
| 1:09.1 | Yeah, so Pakistan has now officially declared war in Afghanistan |
| 1:12.3 | after some cross-border attacks from the Afghan side of the border. This comes in retaliation, |
| 1:19.7 | the Taliban have said, to some attacks earlier this month by the Pakistani security forces inside |
| 1:25.0 | Afghanistan, which the United Nations, say, killed about a dozen |
| 1:29.3 | civilians. But this is part of sort of a longer conflict between the two countries between |
| 1:34.3 | Pakistan and the Afghan Taliban government. This can be a little bit confusing. Pakistan says it's |
| 1:40.6 | attacked these targets inside Afghanistan to punish what's known as the Pakistani Taliban or the TTP. |
| 1:47.5 | And there is a distinction here between the Afghan Taliban and the Pakistani Taliban. |
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