Group 1 - Netflix has amended its merger agreement to an all-cash offer for Warner Bros., which includes its film and television studios, extensive content library, and major franchises like Game of Thrones, Harry Potter, and DC Comics superheroes [1] - The revised all-cash agreement aims to expedite the timeline for a stockholder vote and provide greater financial certainty, according to Netflix co-CEO Ted Sarandos [1] Group 2 - The acquisition of Warner Bros. is expected to enhance Netflix's selection of movies and shows, providing subscribers with a broader and higher-quality content offering [2] - With the addition of HBO Max, Netflix plans to offer more personalized and flexible subscription options to its users [2]

Netflix Inc. (NASDAQ:NFLX) has decided to switch to an all-cash offer for the acquisition of Warner Bros Discovery (NASDAQ:WBD) studio and streaming businesses. This decision was made without increasing the $82.7 billion price, effectively countering rival Paramount’s (NYSE:PSKY) efforts.Netflix’s new all-cash offer for Warner Bros Discovery’s studio and streaming businesses has received unanimous approval from the latter’s board. Both Netflix and Paramount are eyeing Warner Bros for its renowned film and t ...