{"id":2544959,"date":"2026-01-20T11:42:01","date_gmt":"2026-01-20T16:42:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/netflix-modifies-bid-for-warner-bros-discovery-after-paramount-threats\/"},"modified":"2026-01-20T11:44:02","modified_gmt":"2026-01-20T16:44:02","slug":"netflix-modifies-bid-for-warner-bros-discovery-after-paramount-threats","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/netflix-modifies-bid-for-warner-bros-discovery-after-paramount-threats\/","title":{"rendered":"Netflix modifies bid for Warner Bros. Discovery after Paramount threats"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fnetflix-modifies-bid-for-warner-bros-discovery-after-paramount-threats%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2544959&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Netflix has revised its offer to acquire Warner Bros.&#8217; film and streaming assets, converting an earlier cash-and-stock deal into an all-cash bid valued at $27.75 per share. The companies said the change gives shareholders greater value certainty, speeds up the process, and aims for a stockholder vote by April; both boards unanimously approved the amended agreement. Netflix said the move preserves its balance sheet and investment-grade ratings, while Warner Bros. plans to spin off its cable networks (Revelation Global) within six to nine months before the merger closes.<\/p>\n<p>The declaration comes amid a contested takeover battle with Paramount, which has pursued lawsuits and plans a proxy fight arguing Warner Bros. favored Netflix and that Paramount&#8217;s proposal is superior. A Delaware judge declined to expedite Paramount&#8217;s request for more information, and Warner Bros. has continued to reject Paramount&#8217;s antagonistic efforts while moving forward with the Netflix transaction.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Netflix announces modified all-cash bid for Warner Bros. Discovery after Paramount threats<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2478841\" class=\"tpd-featured-video bridtv\"><\/div>\n<p><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/netflix\/\">Netflix<\/a> announced its modified all-cash bid for Warner Bros. Discovery on Tuesday after <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/paramount\/\">Paramount Skydance<\/a> continued to threaten a hostile takeover of the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/hollywood\/\">Hollywood<\/a> studio.<\/p>\n<p>Warner Bros. is trying to sell its film and streaming assets to Netflix after its initial cash-and-stock deal was <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/about.netflix.com\/en\/news\/netflix-to-acquire-warner-bros\">announced<\/a> in early December. Netflix changed its offer to an all-cash transaction, reiterating its commitment to buying Warner Bros. Both deals were valued at $27.75 per share.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4422285\/josh-shapiro-white-house-trip-electricity-prices-help-2026-2028\/\">Shapiro&#8217;s White House trip to talk electricity prices could help him in 2026 and 2028<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/entertainment\/4422465\/stephen-miller-joins-backlash-star-trek-spinoff-wants-william-shatner-return\/\">Stephen Miller joins backlash against Star Trek spinoff, calls for William Shatner&#8217;s return<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/premium\/4418598\/trump-housing-market-populism\/\">Trump administration aims to prevent private equity from buying individual homes and driving up prices<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>In a <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/ir.netflix.net\/investor-news-and-events\/financial-releases\/press-release-details\/2026\/Netflix-and-Warner-Bros--Discovery-Amend-Agreement-to-All-Cash-Transaction\/default.aspx\">joint statement<\/a>, Netflix and Warner Bros. said the revised offer provides greater value certainty and accelerates the timeline for a stockholder vote. A vote on the new transaction is expected by April.<\/p>\n<p>&ldquo;Our revised all-cash agreement demonstrates our commitment to the transaction with Warner Bros. and provides WBD stockholders with an accelerated process and the financial certainty of cash consideration, while maintaining our commitment to a healthy balance sheet and our <a href=\"https:\/\/amzn.to\/3YuVZYV\" >solid investment grade ratings<\/a>,&rdquo; Netflix co-CEO Greg Peters said.<\/p>\n<p>Samuel DiPiazza Jr., Warner Bros. board of directors chairman, added that the media conglomerate looks forward to engaging with &ldquo;our investors about the compelling benefits of the transaction as we progress toward our stockholder vote on an accelerated timeline.&rdquo;<\/p>\n<p>Warner Bros. still intends to spin off its cable networks housed under the Discovery Global name. The separation between Warner Bros. and Discovery Global is expected to be completed in six to nine months before the proposed Netflix-Warner Bros. merger closes, according to their prepared statement.<\/p>\n<p>Both companies noted their respective boards unanimously approved the amended, all-cash bid.<\/p>\n<p>The game-changing announcement comes after Paramount <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/4414700\/paramount-escalates-hostile-takeover-warner-bros-lawsuit-proxy-war\/\">launched a multipronged attack<\/a> against the agreement between Netflix and Warner Bros.<\/p>\n<p>Last week, the competing bidder filed a lawsuit to compel Warner Bros. to share more information about its sale process and pending deal with Netflix. A Delaware judge declined Paramount&rsquo;s motion to expedite the legal proceeding, concluding the company failed to demonstrate it suffered irreparable harm from an alleged lack of information by Warner Bros.<\/p>\n<p>Paramount believes Warner Bros. was biased in favor of Netflix from the start of the bidding war. In his appeal to Warner Bros. shareholders, Paramount CEO David Ellison argues his <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tractor-supplys-dei-reversal-shows-citizen-activism-works\/\" title=\"Tractor Supply&#039;s DEI Reversal Shows Citizen Activism Works\">company&#038;rsquo<\/a>;s deal is superior to the one made by Netflix.<\/p>\n<p><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/4420564\/judge-declines-paramount-request-expedite-warner-bros-lawsuit\/\">JUDGE DECLINES PARAMOUNT REQUEST TO EXPEDITE WARNER BROS. LAWSUIT<\/a><\/strong><\/p>\n<p>Additionally, Paramount intends to start a proxy fight by nominating its directors to the Warner Bros. board ahead of its <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elon-musk-says-tesla-moving-headquarters-from-california-to-texas\/\" title=\"Elon Musk Says Tesla Moving Headquarters From California To Texas\">annual stockholder meeting<\/a>. The nomination process is set to get underway in about two weeks.<\/p>\n<p>Warner Bros. has <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/4409528\/warner-bros-tells-shareholders-reject-paramount-takeover-bid\/\">repeatedly rejected<\/a> Paramount&rsquo;s efforts to mount a hostile takeover, and it intends to stick with Netflix based on Tuesday&rsquo;s revised offer.<\/p>\n<\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Netflix all-cash bid for Warner amid Paramount fight<\/p>\n","protected":false},"author":2159,"featured_media":2544960,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/01\/AP26020475569266.jpg?w=696","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[5158,54802,68436],"class_list":["post-2544959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-netflix","tag-paramount-2","tag-warner-bros-discovery"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/01\/AP26020475569266.jpg?w=696","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2544959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2159"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2544959"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2544959\/revisions"}],"predecessor-version":[{"id":2544963,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2544959\/revisions\/2544963"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2544960"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2544959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2544959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2544959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}