>Jan 13 (Reuters) – Netflix (NFLX.O), opens new tab is preparing to make an all-cash offer for Warner Bros Discovery’s (WBD.O), opens new tab studios and streaming businesses, a source familiar with the matter told Reuters on Tuesday.
>The changes are designed to expedite a sale, which will take months to close and has faced opposition from politicians and rival bidder Paramount Skydance (PSKY.O), opens new tab, according to the source.
>Netflix’s $82.7 billion deal initially consisted of cash and stock for Warner Bros‘ film and streaming assets, while Paramount offered $108.4 billion in cash for the whole company, including its cable TV business.
>Still, Warner Bros has favored Netflix’s deal despite amendments to Paramount’s bid, including a $40 billion equity backing by Oracle co-founder Larry Ellison and father of Paramount CEO David Ellison.
>Warner Bros‘ board has argued that Paramount’s offer hinges on a significant amount of debt financing that heightens the risk of closing and the offer „remains inadequate.“
>Paramount has argued that the company’s all-cash bid of $30 per share for the entirety of Warner Bros is superior to Netflix’s previous cash-and-stock offer of $27.75 apiece for the studios and streaming assets and will more easily clear regulatory hurdles.
>Netflix has agreed to a $5.8 billion termination fee if it cannot obtain regulatory approval, while Warner Bros would be obligated to pay the streaming service a $2.8 billion termination fee for abandoning its agreement with Netflix.
Man, I don’t want Netflix to run WB, they’re going to wreck theatrical release. But I don’t want Paramount either.
VladtheInhaler999 on
I wonder what insane counter the Ellisons will roll with on this one. They already tried to bid with money they technically don’t even have, what will they do next? Have the administration flat out steal Warner bros and had it to Ellison?
Louiekid502 on
Really sucks Netflix seems like the lesser of all evils right now
Greenman8907 on
Are they bringing it in dump trucks or pallets?
c4upinhisbhole on
Where they keeping all that cash? In a storage unit or something, are they going to bring it in a truck? Just questions, you know. Asking for some friends. Who are curious. But, serious, let me know.
AcceptableStep6080 on
This is all to turn CNN into CBS News of today.
ReservedPickup12 on
I’d rather see Netflix tear down movie theaters brick by brick than see Paramount get Warner Brothers. That’s just where I’m at now…
Mysterious-Wasabi103 on
I thought Netflix already had a deal with them?
Icy-Whale-2253 on
Christopher Nolan got the fuck away from these people at the right time
GuiltyRemnant3 on
What if WB just didn’t sell
EverGreenPastures on
This would make for an epic heist movie.
bilyl on
It’s actually crazy that anyone thinks the all cash offer was the better one, considering you could hold onto the Netflix stock and that will likely compound over time.
mishma2005 on
I cannot believe I am rooting for Netflix. This timeline to so demoralizing
BabserellaWT on
I desperately want any deal that’s labeled “all-cash” to be carried out in actual physical cash just to heighten the stakes. Oh, you’re bidding $80 billion? Cool. We’ll take it in 800 million Benjamins. Imagine the Ocean’s 11 hijinks that could ensue from that arrangement!
W_of_OStreet on
It’s cool they can pay in cash, but I can’t watch anything on my family account anymore.
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>Jan 13 (Reuters) – Netflix (NFLX.O), opens new tab is preparing to make an all-cash offer for Warner Bros Discovery’s (WBD.O), opens new tab studios and streaming businesses, a source familiar with the matter told Reuters on Tuesday.
>The changes are designed to expedite a sale, which will take months to close and has faced opposition from politicians and rival bidder Paramount Skydance (PSKY.O), opens new tab, according to the source.
>Netflix’s $82.7 billion deal initially consisted of cash and stock for Warner Bros‘ film and streaming assets, while Paramount offered $108.4 billion in cash for the whole company, including its cable TV business.
>Still, Warner Bros has favored Netflix’s deal despite amendments to Paramount’s bid, including a $40 billion equity backing by Oracle co-founder Larry Ellison and father of Paramount CEO David Ellison.
>Warner Bros‘ board has argued that Paramount’s offer hinges on a significant amount of debt financing that heightens the risk of closing and the offer „remains inadequate.“
>Paramount has argued that the company’s all-cash bid of $30 per share for the entirety of Warner Bros is superior to Netflix’s previous cash-and-stock offer of $27.75 apiece for the studios and streaming assets and will more easily clear regulatory hurdles.
>Netflix has agreed to a $5.8 billion termination fee if it cannot obtain regulatory approval, while Warner Bros would be obligated to pay the streaming service a $2.8 billion termination fee for abandoning its agreement with Netflix.
[[Source]](https://www.reuters.com/business/media-telecom/netflix-weighs-amending-warner-bros-bid-make-it-all-cash-bloomberg-news-reports-2026-01-13/)
Man, I don’t want Netflix to run WB, they’re going to wreck theatrical release. But I don’t want Paramount either.
I wonder what insane counter the Ellisons will roll with on this one. They already tried to bid with money they technically don’t even have, what will they do next? Have the administration flat out steal Warner bros and had it to Ellison?
Really sucks Netflix seems like the lesser of all evils right now
Are they bringing it in dump trucks or pallets?
Where they keeping all that cash? In a storage unit or something, are they going to bring it in a truck? Just questions, you know. Asking for some friends. Who are curious. But, serious, let me know.
This is all to turn CNN into CBS News of today.
I’d rather see Netflix tear down movie theaters brick by brick than see Paramount get Warner Brothers. That’s just where I’m at now…
I thought Netflix already had a deal with them?
Christopher Nolan got the fuck away from these people at the right time
What if WB just didn’t sell
This would make for an epic heist movie.
It’s actually crazy that anyone thinks the all cash offer was the better one, considering you could hold onto the Netflix stock and that will likely compound over time.
I cannot believe I am rooting for Netflix. This timeline to so demoralizing
I desperately want any deal that’s labeled “all-cash” to be carried out in actual physical cash just to heighten the stakes. Oh, you’re bidding $80 billion? Cool. We’ll take it in 800 million Benjamins. Imagine the Ocean’s 11 hijinks that could ensue from that arrangement!
It’s cool they can pay in cash, but I can’t watch anything on my family account anymore.