Netflix said it is now willing to pay all cash for Warner Bros. Discovery, in a revision of what was originally a deal involving a combination of cash and stocks

Netflix revises deal for Warner Bros. Discovery as streaming giant prepares to report earnings - Netflix will report earnings Tuesday after last report showed slowing subscriber growth

In June of 2025, Warner Bros. Discovery announced they would be executing a strategic breakup of their company to separate their Streaming and Studios business (HBO Max, Warner Bros. Studios, etc.) from their Global Networks business,

The Warner Bros. Discovery board has unanimously voted to rebuff Paramount’s $108.4 billion offer and urged shareholders to reject the hostile takeover bid. The board is continuing to support Netflix’s pending $82.7 billion purchase of its streaming and movie studios businesses along with a separate spinoff of the Warner Bros. cable TV division.

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,