Netflix Prepping All-Cash Bid for Warner Bros. Studios and HBO Max Amid Paramount Skydance Pressure: Report

January 14, 2026 Variety

Netflix is readying a revised offer — in all cash — to acquire Warner Bros. Discovery’s streaming and studios businesses, according to a report by the Wall Street Journal. Under the terms of Netflix’s original agreement, each Warner Bros. Discovery shareholder would receive $23.25 in cash and $4.50 worth of shares of Netflix common stock […]