Netflix amends Warner Bros. Discovery deal to all-cash structure

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Netflix and Warner Bros. Discovery Amend Agreement to All-Cash Transaction

January 20, 2026 7:05 AM EST

All-Cash Structure Increases Value Certainty for WBD Stockholders, Accelerates WBD Stockholder Vote and Underscores Netflix's Financial Strength

WBD Files Preliminary Proxy Statement for Transaction Approval

HOLLYWOOD, Calif. and NEW YORK, Jan. 20, 2026 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) ("Netflix") and Warner Bros. Discovery, Inc. ("WBD" or "Warner Bros. Discovery") announced they have amended their... More