All-Cash Structure Increases Value Certainty for WBD Stockholders, Accelerates WBD Stockholder Vote and Underscores Netflix's Financial Strength WBD Files Preliminary Proxy Statement for Transaction Approval HOLLYWOOD, Calif. and NEW YORK, Jan. 20, 2026 /PRNewswire/ -- Netflix, Inc. (NASDAQ:NFLX) ("Netflix") and Warner Bros. Discovery, Inc. ("WBD" or "Warner Bros. Discovery") announced they have amended their definitive agreement for Netflix's pending acquisition of Warner Bros. to an all-cash transaction. ...