Netflix announced on Tuesday that it had revised its December offer to acquire major parts of Warner Bros. Discovery, proposing to pay the $83 billion entirely in cash instead of with a mix of cash and stock. Netflix said the change simplifies the deal for investors who will no longer

Movieweb reports that, according to Variety, Paramount has filed a lawsuit against Warner Bros. Discovery after WBD rejected Paramount Skydance's eighth attempt to acquire the company; the suit, filed January 12, 2026 in Delaware Chancery Court, seeks to force WBD to disclose financial details of its $83 billion