<div><div></div><div>Netflix announced two related agreements to advance its acquisition of Warner Bros. Discovery. The companies signed an amended and restated merger agreement setting an all-cash price of $27.75 per WBD share, alongside the existing holdco and spin-off structure. To support the cash consideration, Netflix increased its bridge financing commitments to $42.2 billion through major banking partners. The financing is unsecured and is not a condition to closing.Agreement 1: Netflix Signs Amended And Restated Merger Agreement With Warner Bros. Discovery<ul><li>Agreement type: Amended and Restated Agreement and Plan of Merger</li><li>Counterparty: Warner Bros. Discovery</li><li>Signed / Effective: Jan 19 2026 / same</li><li>Duration / Termination: Until closing</li><li>Reason: Convert consideration to all-cash and advance transaction</li></ul>Agreement 2: Netflix Signs Bridge Facility Incremental Commitments Agreement With Wells Fargo, BNP Paribas And HSBC<ul><li>Agreement type: Bridge facility incremental commitments for $42.2 billion senior unsecured term loans</li><li>Counterparty: Wells Fargo, BNP Paribas and HSBC</li><li>Signed / Effective: Jan 19 2026 / same</li><li>Duration / Termination: Bridge facility</li><li>Reason: Fund all-cash merger consideration and related costs</li></ul>Original SEC Filing: NETFLIX INC [ NFLX ] - 8-K - Jan. 20, 2026<section>Disclaimer<div>This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.</div></section></div></div>

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Netflix has signed two significant agreements to facilitate its acquisition of Warner Bros. Discovery. The amended merger agreement sets an all-cash price of $27.75 per share, while Netflix has increased its bridge financing commitments to $42.2 billion through major banks. The financing is unsecured and not a closing condition. The agreements are effective from January 19, 2026, and aim to fund the all-cash merger consideration and related costs.

- Netflix has entered into amended agreements to acquire Warner Bros. Discovery, setting an all-cash price of $27.75 per share.  
- The company increased its bridge financing commitments to $42.2 billion, which is unsecured and not a condition for closing the deal.  
- These agreements aim to enable the funding of the all-cash merger and cover related costs associated with the transaction.

Netflix Signs Multiple Material Agreements