×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Wednesday
29
Apr 2026
weather symbol
Athens 18°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Culture

“All cash”: Netflix is preparing a strategic move to accelerate its $83 billion deal with Warner Bros.

The aim is to accelerate the acquisition of WBD's studios and streaming activities and to intercept Paramount's bid

Newsroom January 14 06:24

Netflix is reportedly preparing changes to its proposal to acquire Warner Bros Discovery’s studios and streaming operations, aiming to accelerate the process and block a competing bid from Paramount Skydance.

According to The Guardian, the revision to Netflix’s $83 billion offer is intended to speed up the acquisition—which is expected to take several months—and to secure approval from Warner Bros Discovery shareholders.

The potential merger has drawn opposition in the United States from politicians and entertainment industry executives, who worry that such a combination could control nearly half of the streaming market.

>Related articles

Greek Community of Toronto: Theater Show – May 23, 24 & 31

Donald Trump met with Chevron and other oil giants: Concerns over the “war shock” in energy prices

32 Greek-interest tankers stranded in the Persian Gulf

Under the deal, Netflix would acquire iconic WBD assets, including Warner Bros. studios—home to the Harry Potter, Superman, and Batman franchises—as well as HBO, which hosts series such as Game of Thrones, The White Lotus, and Succession.

Meanwhile, Paramount is pursuing its own $108.4 billion offer for WBD, backed by a $40 billion personal guarantee from Oracle co-founder Larry Ellison. WBD has urged shareholders to reject the Paramount proposal, describing it as “inadequate” and heavily leveraged.

In the midst of the corporate battle, Paramount also plans to nominate new members to WBD’s board in an effort to block the Netflix deal.

Ask me anything

Explore related questions

#culture#economy#Netflix#warner bros.
> More Culture

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

UN: Athens calls on Ankara to respect international agreements, term “Turkish Straits” inconsistent with Montreux Convention

April 29, 2026

May Day: Metro, Electric Railway, Tram, trains and ferries come to a halt – how buses will operate

April 29, 2026

Metron Analysis: ND at 28.6% with losses, PASOK at 15%, gains for Tsipras, decline for Karystianou

April 29, 2026

“Emily in Paris” officially to film in Mykonos in May, with Mitsotakis seal of approval – What he said at Cabinet

April 29, 2026

Ministry of Culture: Restoration and enhancement of the acropolis of Ancient Pelinna in Thessaly

April 29, 2026

Trump rejects Iranian proposal: “We will not lift naval blockade without a nuclear deal”

April 29, 2026

Tripartite Greece–Bulgaria–Turkey meeting in Athens on migration: “strict line and measurable results,” says Plevris

April 29, 2026

Brown and purple jellyfish fill the Euboean Gulf — video shows hundreds along the coast

April 29, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα