Netflix prepares all-cash offer for Warner Bros, source says

Netflix is preparing to make an all-cash offer for Warner Bros Discovery’s studios ‌and streaming businesses, a source familiar with the matter told Reuters on Tuesday.

The changes are designed to expedite a sale, which will take months to close and has faced opposition from politicians and rival bidder Paramount Skydance, according to the source.

Bloomberg News reported on the news earlier in the day. Netflix declined to comment on the ‌Bloomberg report, while Warner Bros...