
Netflix is set to acquire Warner Bros. Discovery after making a strong offer of $30 per share, with most of the payment in cash. The agreement includes a hefty $5 billion penalty if the deal falls through, demonstrating both companies’ commitment to completing it, even with potential antitrust concerns. The deal now requires a thorough review by the Department of Justice and approval from shareholders, a process expected to take 12 to 18 months. Despite legal challenges from Paramount questioning the fairness of the bidding, Warner’s board appears fully supportive of the acquisition by Netflix.