Netflix Amends Warner Bros. Deal to All Cash in Bidding War

单集文稿 ...

• 00:22

  Well, Netflix, back in the news today, they're amending their offer for Warner Brothers Discovery 2,

• 00:30

  and all cash deal was cash and stock now going all cash.

• 00:34

  Believing that will strengthen their bid.

• 00:37

  They've also got earnings there for the closer.

• 00:38

  So a lot to talk about on the Netflix front,

• 00:40

  which means we want to check in with Geetha Ranganathan.

• 00:42

  She covers all the media stocks for Bloomberg Intelligence.

• 00:46

  She's based down in Princeton here.

• 00:47

  So Geetha, what did you make of Netflix today kind of amending their offer to an all cash offer?

• 00:54

  Yeah, so this really, Paul, puts to rest this ongoing investor debate about whether,

• 00:59

  you know, the paramount $30 all cash bid for all of Warner is really,

• 01:05

  in fact, superior to Netflix's bid, which is a combination of both stock and cash,

• 01:09

  especially since the value of Netflix's stock has been declining now for many months.

• 01:15

  So I think what Netflix really aims to do here is to,

• 01:18

  first of all, to show David Zaslob and Warner Brothers Discovery shareholders the money.

• 01:24

  So they're going all cash.

• 01:26

  And they're basically saying that we want to really get this deal on a fast track here

• 01:30

  because This will speed up the shareholder vote.

• 01:34

  It will now happen sometime in April.

• 01:36

  It was previously supposed to happen sometime in June.

• 全部文稿