Netflix is expected to revise the terms of its offer for Warner Bros. Discovery, making an all-cash bid for the company’s studios and streaming businesses.
The move, first reported by Bloomberg, is meant to speed up a deal in the face of stiff competition from rival bidder Paramount Skydance and to make it more palatable to WBD shareholders.
Under the original deal, Netflix bid $82.7bn for WBD, offering WBD shareholders $23.25 in cash and $4.50 in Netflix common stock. However, since the company’s pursuit of WBD began in October, Netflix shares have lost about a quarter of their value.
If Netflix were to make its offer all-cash, a WBD shareholder vote on the deal could take place as early as late February or early March, rather than in spring or summer as expected. Deals comprised of stock typically take longer.
The news came just days after Paramount Skydance said it was suing WBD and CEO David Zaslav to seek more information about why the company’s board continues to reject its $108.4bn takeover offer in favour of Netflix.
Paramount’s bid has been backstopped by a personal $40bn guarantee by Larry Ellison, a Co-Founder of Oracle.
US President Donald Trump recently added his voice to concerns about Netflix's planned $83bn deal to buy Warner Bros Discovery. Discover more here.
.jpg)
UPDATED - IBC2026: Writers announced for IBC Daily!
The IBC Daily – the official show newspaper of IBC2026 – will be returning in both print and digital formats this year, with a team of experienced industry journalists covering the show by hall number.
BBC names Rhodri Talfan Davies as Deputy Director-General
Rhodri Talfan Davies has been appointed as the BBC’s Deputy Director-General.
Netflix forecast to reach 400 million subscribers by 2031
Netflix is forecast to reach nearly 400 million subscribers worldwide by the end of 2031, reinforcing its position as the world’s leading subscription streaming platform despite growing consolidation across the industry.
Early Freeview switch-off would be “unprecedented gamble” for UK TV
Switching off Freeview in the 2030s would be far more complex, costly, and risky than the UK’s digital TV switchover, according to a report by Christy Swords, the former Director of Change at ITV Broadcasting, who was involved in the original process.
RTS names Chair of Student Television Awards at annual ceremony
At the annual awards ceremony, the Royal Television Society (RTS) welcomed Rhuanedd Richards as Chair of the Student Television Awards.
