Netflix Revises Warner Bros. Deal To $83 Billion All-Cash Offer To Fend Off Paramount
Forbes·2026-01-20 12:50

Netflix's modified bid now offers all WBD share holders $27.75 per share entirely in cash for Warner's studio and streaming business.Netflix on Tuesday announced it has revised its bid to acquire Warner Bros. Discovery’s studios and streaming business into an all-cash offer in an apparent effort to fend off Paramount Skydance’s hostile bid to acquire Warner.In a press release, Netflix said its $83 billion cash-and-stock deal to acquire Warner’s studio and streaming business—including HBO Max—has been altere ...