TLDR Netflix shifted to an all-cash $82.7B bid for Warner Bros Discovery. Warner’s board unanimously supports Netflix’s $27.75 per share offer. The move aims toTLDR Netflix shifted to an all-cash $82.7B bid for Warner Bros Discovery. Warner’s board unanimously supports Netflix’s $27.75 per share offer. The move aims to

Netflix, Inc. (NFLX) Stock: Shifts to All-Cash $82.7B Warner Bros Deal as Merger Battle Intensifies

2026/01/21 04:13
4 min read

TLDR

  • Netflix shifted to an all-cash $82.7B bid for Warner Bros Discovery.
  • Warner’s board unanimously supports Netflix’s $27.75 per share offer.
  • The move aims to speed approval and counter Paramount’s hostile bid.
  • Regulators and trade groups warn of antitrust and industry risks.
  • Investors focus on earnings and deal financing clarity.

Netflix, Inc. (NasdaqGS: NFLX) traded at $88.18 during market hours, up 0.20%, as investors digested news of a major shift in its proposed acquisition of Warner Bros Discovery.

Netflix, Inc., NFLX

The streaming leader has moved to an all-cash offer valued at $82.7 billion, replacing its earlier cash-and-stock proposal in a bid to secure shareholder approval and fend off a rival challenge from Paramount-Skydance.

The revised deal values Warner Bros shares at $27.75 each and is backed unanimously by Warner’s board. Netflix said the all-cash structure offers greater financial certainty and accelerates the path to a shareholder vote, expected as early as April.

Why Netflix Changed Course

Netflix altered the structure after its own shares fell nearly 15% following the original deal announcement in December. By removing equity from the transaction, Netflix aims to reduce volatility concerns for Warner shareholders while stabilizing sentiment around its own stock.

The revised offer also helps Warner reduce Discovery Global’s debt by about $260 million. Warner shareholders will still receive shares of Discovery Global, which is set to become a separate public company following a previously announced corporate separation.

Warner CEO David Zaslav said the updated agreement brings the companies closer to combining “two of the greatest storytelling companies in the world,” reinforcing management’s preference for Netflix over competing bids.

Paramount’s Hostile Challenge

Paramount-Skydance continues to press Warner shareholders with an all-cash $30 per share offer, arguing its bid carries higher headline value. That proposal values the full company, including networks such as CNN and Discovery, at an enterprise value of roughly $108 billion including debt.

Warner’s board has pushed back, citing balance sheet strength and leverage. It argues a merger with Netflix would keep debt below four times profits, compared with about seven times profits under a Paramount combination. Paramount has gone directly to shareholders, launched a tender offer, and threatened a proxy fight by nominating its own slate of directors.

Legal tensions have followed. Paramount filed suit in Delaware seeking more disclosure around deal valuations, though a judge declined to expedite the case. Warner called the lawsuit a distraction, while Paramount said shareholders deserve transparency.

Regulatory and Political Overhang

Any Warner Bros Discovery sale is expected to draw intense antitrust scrutiny. Media trade groups have warned that further consolidation could lead to job losses and reduced content diversity. Regulators in the U.S. and abroad are likely to examine the competitive impact on streaming, film distribution, and television markets.

Politics could also play a role. President Donald Trump has made unusual comments about potential personal involvement in major merger decisions, adding uncertainty to the approval timeline. Netflix and Warner maintain they expect the transaction to close within 12 to 18 months of December’s agreement, though Paramount’s actions could complicate that schedule.

Earnings add Another Layer

The deal update comes just as Netflix prepares to report quarterly earnings after the closing bell. Analysts expect revenue of $11.97 billion, up 17% year over year, with earnings per share rising to $0.55 from $0.43.

Investors are likely to press management on deal financing, regulatory strategy, and integration planning during the earnings call. Options markets suggest heightened volatility around the report, reflecting uncertainty tied to both financial results and merger developments.

Stock Performance Context

Netflix shares have lagged the broader market in the near term. Year to date, NFLX is down 5.99%, compared with a 0.52% gain for the S&P 500. One-year returns stand at 2.72%, well below the index’s 13.56%. Longer-term performance remains strong, with a 157.34% gain over three years, beating the S&P 500’s 71.42%.

As the merger battle unfolds, Netflix investors are weighing the strategic upside of a Warner combination against regulatory risk, balance sheet impact, and execution challenges. The all-cash pivot signals determination, but the road ahead remains complex and closely watched.

The post Netflix, Inc. (NFLX) Stock: Shifts to All-Cash $82.7B Warner Bros Deal as Merger Battle Intensifies appeared first on CoinCentral.

Market Opportunity
WorldAssets Logo
WorldAssets Price(INC)
$0,5573
$0,5573$0,5573
-1,67%
USD
WorldAssets (INC) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

The post Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment? appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 17:39 Is dogecoin really fading? As traders hunt the best crypto to buy now and weigh 2025 picks, Dogecoin (DOGE) still owns the meme coin spotlight, yet upside looks capped, today’s Dogecoin price prediction says as much. Attention is shifting to projects that blend culture with real on-chain tools. Buyers searching “best crypto to buy now” want shipped products, audits, and transparent tokenomics. That frames the true matchup: dogecoin vs. Pepeto. Enter Pepeto (PEPETO), an Ethereum-based memecoin with working rails: PepetoSwap, a zero-fee DEX, plus Pepeto Bridge for smooth cross-chain moves. By fusing story with tools people can use now, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution in front. In a market where legacy meme coin leaders risk drifting on sentiment, Pepeto’s execution gives it a real seat in the “best crypto to buy now” debate. First, a quick look at why dogecoin may be losing altitude. Dogecoin Price Prediction: Is Doge Really Fading? Remember when dogecoin made crypto feel simple? In 2013, DOGE turned a meme into money and a loose forum into a movement. A decade on, the nonstop momentum has cooled; the backdrop is different, and the market is far more selective. With DOGE circling ~$0.268, the tape reads bearish-to-neutral for the next few weeks: hold the $0.26 shelf on daily closes and expect choppy range-trading toward $0.29–$0.30 where rallies keep stalling; lose $0.26 decisively and momentum often bleeds into $0.245 with risk of a deeper probe toward $0.22–$0.21; reclaim $0.30 on a clean daily close and the downside bias is likely neutralized, opening room for a squeeze into the low-$0.30s. Source: CoinMarketcap / TradingView Beyond the dogecoin price prediction, DOGE still centers on payments and lacks native smart contracts; ZK-proof verification is proposed,…
Share
BitcoinEthereumNews2025/09/18 00:14
SEI Technical Analysis Feb 6

SEI Technical Analysis Feb 6

The post SEI Technical Analysis Feb 6 appeared on BitcoinEthereumNews.com. SEI is consolidating at the $0.08 level under general downtrend pressure; although RSI
Share
BitcoinEthereumNews2026/02/07 02:43
South Korean Crypto Exchange Accidentally Gave Away $95 Billion in Bitcoin

South Korean Crypto Exchange Accidentally Gave Away $95 Billion in Bitcoin

The post South Korean Crypto Exchange Accidentally Gave Away $95 Billion in Bitcoin appeared on BitcoinEthereumNews.com. In brief South Korean exchange Bithumb
Share
BitcoinEthereumNews2026/02/07 02:16