Netflix weighs all-cash rewrite of Warner Bros. Discovery deal as Paramount pressures
Netflix reportedly floated a shift to an all-cash deal for Warner Bros. Discovery’s studios and streaming assets, aiming to top Paramount’s $30-per-share all-cash bid; Netflix’s current terms are $23.25 cash plus $4.50 in Netflix stock (or $27.75 cash for the Warner Bros. business alone). Paramount has urged WBD shareholders to tender by Jan. 21, while WBD’s board has advised against tendering and remains aligned with the Netflix agreement.
