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Netflix is now offering to buy Warner Bros. Discovery's studio and streaming business in all cash.
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Netflix Revamps Its Warner Bros. Bid, Seeking to Thwart Paramount The New York TimesNetflix revises its offer for Warner Bros. Discovery. Now, it's all cash CNNNetflix to pay all cash for Warner Bros. to fend off Paramount hostile takeover Ars TechnicaWarner Strikes New All-Cash Deal With Netflix The Wall Street JournalBloomberg Tech: Netflix's Amended Offer Puts P
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While investors don't seem to happy that Netflix CEO Ted Sarandos has moved to acquire Warner Bros. Discovery, analysts say Netflix's business fundamentals remain strong and are predicting strong ad growth ahead.
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