Netflix Makes a Bold Cash Move for Warner Bros. Discovery

Netflix has changed its game plan to buy a big part of Warner Bros. Discovery. This time, they're offering all cash, which might make the deal more appealing. Back in December, they had a different offer. It was a mix of cash and stock worth $83 billion. But now, Netflix is saying they'll pay that whole amount in cash. This could be good news for investors. They won't have to worry about Netflix's stock price going up and down.David Zaslav, the boss of Warner Bros. Discovery, seems happy about this. He thinks it brings the two companies closer together. Ted Sarandos, the co-boss of Netflix, also likes the new deal. He says it gives shareholders more financial security. This isn't the only show in town, though. Paramount and its CEO, David Ellison, are also interested in Warner Bros. So, it's a bit of a competition. Netflix is trying to stay ahead by changing its offer.