Netflix To Report Q4 Earnings As Warner Merger Intrigue Swirls

Key Highlights

• Netflix's revised offer for Warner Bros. Discovery is now an all-cash deal.
• The deal values Warner Bros. Discovery at $27.75 per share.
• Paramount has initiated a hostile bid for Warner Bros. Discovery.
• The previous offer included a stock component, which has now been removed.
• Both Netflix and Warner Bros. Discovery boards have approved the amended deal.