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fromArs Technica
1 week ago

Netflix to pay all cash for Warner Bros. to fend off Paramount hostile takeover

To sweeten the offer for shareholders, Netflix and Warner Bros. today announced that Netflix will pay all cash instead. If successful, Netflix's purchase will include HBO Max, WB Studios, and other assets. The price is unchanged at $27.75 per share, and Warner Bros. is targeting an April 2026 shareholder vote. The original plan was for Netflix to buy each Warner Bros. share with $23.25 in cash and $4.50 in Netflix stock.
Business
Media industry
fromThe Verge
1 week ago

Netflix revises Warner Bros. bid to an all-cash offer

Netflix amended its Warner Bros. Discovery offer to an all-cash $27.75-per-share deal to accelerate the acquisition and provide greater financial certainty.
Media industry
fromFortune
1 month ago

Netflix's 'throne is secured,' BofA said just before Paramount mounted one last streaming war, hoping to keep Superman off the super app | Fortune

Netflix's acquisition of Warner Bros. Discovery studios and streaming assets secures its streaming dominance and materially widens competitors' strategic disadvantage.
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