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Netflix revises offer to pay all cash for Warner Bros to stave off Paramount

However, the streaming giant is still offering the same $27.75 the companies had agreed on for WBD’s movie studio and streaming assets, and the deal continues to value the company at $82.7 billion.

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Netflix revises Warner Bros. bid to an all-cash offer

Netflix has updated the acquisition terms for its Warner Bros. Discovery offer to an all-cash deal, replacing its initial $82.7 billion cash and stock agreement. The changes are designed to expedite the sale of WBD studios and streaming businesses, following repeated attempts by rival bidder Paramount to pressure shareholders into accepting its own $108 billion […]

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Ted Sarandos says Netflix will commit to 45-day theatrical releases

Though Netflix’s plan to buy Warner Bros. Discovery has prompted concerns about how the deal might hurt the movie theater business, the streamer’s co-CEO says that there is nothing to worry about. In a new interview with The New York Times, Netflix co-CEO Ted Sarandos said that, should the WBD acquisition go through, the streamer […]

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Casting is dead. Long live casting!

This is Lowpass by Janko Roettgers, a newsletter on the ever-evolving intersection of tech and entertainment, syndicated just for The Verge subscribers once a week. Last month, Netflix made the surprising decision to kill off a key feature: With no prior warning, the company removed the ability to cast videos from its mobile apps to […]

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Netflix’s first original podcasts star Pete Davidson and Michael Irvin

Netflix is launching its first pair of original video podcasts, hosted by Saturday Night Live alum Pete Davidson and NFL commentator and former star Michael Irvin. While The Pete Davidson Show makes its debut on January 30th, you can find Irvin’s The White House on the streaming service on January 19th. The two shows will […]

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The Stranger Things behind-the-scenes doc is a lot more boring than a secret episode

It’s a weird time in the Stranger Things community. Following a monthslong lead-up to a finale that was so big it screened in theaters, the show’s superfans have been spending their time dissecting the fifth season in order to prove that a hidden ninth episode is coming that represents the true ending of Stranger Things. […]

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Black Mirror has been renewed for another season

In an interview with Netflix’s Tudum, Black Mirror creator Charlie Brooker announced today that the sci-fi anthology series will be returning for an eighth season. “Well, luckily it does have a future, so I can confirm that Black Mirror will return, just in time for reality to catch up with it,” Brooker said. “That chunk […]

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Warner Bros. Discovery rejects Paramount’s bid again, calls it a ‘leveraged buyout’

The studio’s board unanimously rejected Paramount Skydance’s revised $108.4 billion bid, calling the proposal a “leveraged buyout” that would saddle the company with $87 billion in debt.

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