Netflix goes all-cash in Warner Bros Discovery deal as Paramount deadline looms
Los Angeles, Jan. 21, 2026, 12:20 PST Netflix has shifted its bid for Warner Bros Discovery’s studio and streaming operations to an all-cash offer, holding steady at $27.75 per share. This move aims to block Paramount Skydance’s competing bid. Warner Bros’ board has approved the updated terms, while Paramount’s tender offer is due to expire Wednesday. (Reuters) Investors face a…