Investing.com -- and shares rose over 1% heading into the close Tuesday after Bloomberg reported that Netflix is considering amending its bid for Warner Bros. to make it an all-cash offer.

Netflix is working on revised terms for its acquisition of Warner Bros. Discovery’s studios and streaming businesses, according to people familiar with the discussions. The streaming giant is reportedly exploring the possibility of changing the current mixed cash-and-stock offer to an all-cash proposal.

The potential changes are aimed at expediting the sale process, which is expected to take months to complete and has faced opposition from politicians and rival bidder Paramount Skydance Corp. Warner Bros. Discovery shareholders remain divided over which deal offers better value.

Under the original agreement announced in December, WBD shareholders would receive $23.25 in cash and $4.50 in Netflix shares for each WBD share they own. The revised all-cash structure would potentially simplify the transaction and possibly address some regulatory concerns.

The acquisition represents a significant consolidation move in the increasingly competitive streaming landscape, as major players seek to expand their content libraries and subscriber bases through strategic acquisitions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.