Netflix revises its offer for Warner Bros. Discovery to make it an all-cash transaction

Source CBS Local
Original Load Date Jan. 20, 2026, noon
Last Updated Jan. 20, 2026, noon
Original URL https://www.cbsnews.com/chicago/news/netflix-all-cash-offer-warner-bros-discovery-nflx/

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Netflix is revising its $72 billion offer for Warner Bros. Discovery to make it an all-cash transaction, sweetening the bid as rival Paramount Skydance continues with its hostile takeover attempt for the Hollywood studio. Netflix initially offered a cash and stock deal valued at $27.75 per Warner B...