Streaming and Film Production
Search documents
Netflix amends Warner Bros. Discovery offer to all-cash
CNBC· 2026-01-20 12:55
Netflix has adjusted its offer for Warner Bros. Discovery's studio and streaming assets to an all-cash bid, according to an SEC filing on Tuesday. Netflix now plans to pay $27.75 per WBD share entirely in cash to acquire WBD's streaming platform HBO Max and the Warner Bros. film studio. The two companies initially reached a deal in December, comprised of a combination of cash and stock at an equity value of $72 billion. CNBC's David Faber and other media outlets reported last week that Netflix was likely to ...