Netflix Revises Warner Bros. Discovery Deal to $27.75 Per Share, All-Cash Offer

The Wrap
By Lucas ManfrediJan 20, 2026, 7:07 am48 pts
Netflix has revised its $83 billion deal for Warner Bros. Discovery’s studio and streaming assets to an all-cash transaction in an effort to simplify its structure, provide “greater certainty of value,” and accelerate the path to a vote by WBD shareholders by April. The all-cash transaction continues to…

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