Rianna is the Movie News Editor for ScreenRant. After earning her BA in Film Studies, she began her career as an entertainment writer, contributing to several publications before joining ScreenRant. Her dissertation on the impact of streaming on traditional cinema sharpened her focus on the ever-evolving world of film and media. With 6 years in the industry, Rianna continues to cover the stories she loves while also advocating for awareness and representation of rare disabilities, such as Moebius Syndrome, which she lives with.
Netflix has just upped the ante as they have changed their offer to acquire Warner Bros. Discovery and its properties after Paramount’s endless hostile attempts to destroy the merger.
Netflix and WBD have announced they have amended their original agreement for Netflix to acquire Warner Bros. and its assets and will now provide an all-cash transaction of $27.75 per share, still equating to the original sum of $82.7 billion enterprise value. This sudden change is an effort to shut down Paramount’s efforts and its CEO and chairman, David Ellison, from further bids, and to ensure the deal goes through a lot faster.
More news to come…
