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Netflix amends Warner Bros deal to all cash

Financial Express Chandigarh

|

January 21, 2026

STREAM WARS

- LUCAS SHAW& MICHELLE F DAVIS

NETFLIX REACHED AN amended, all-cash agreement to buy Warner Bros. Discovery Inc’s studio and streaming business as it battles Paramount Skydance to acquire one of Hollywood’s most iconic entertainment companies.

Netflix, which previously agreed to pay $27.75 a share in cash and stock for the Warner assets, will pay the full amount in cash, according to a filing confirming an earlier Bloomberg News report on the revised terms. Warner Bros plans to call a special meeting of shareholders to approve the deal. Netflix said stockholders should be able to vote on the transaction by April.

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Ujjivan SFB profit up 71% to ₹186 crore

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IIFL Finance Dec qtr profit rises multifold

IIFL FINANCE, A non-banking financial institution (NBFC) providing gold loans and business loans, on Thursday said its December quarter net profit grew multifold to ₹501 crore as compared to the year-ago period.

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Rupee breaks six-day losing streak, rises 7p to 91.63

THE RUPEE BROKE its six-day declining streak by staging a mild recovery on Thursday, sup- ported by an improvement in risk appetite after US President Donald Trump stepped back from tariff threats against Europe linked to Greenland. The currency gained 7 paise to close at 91.63.

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IndiGo Q3 profit falls 78% on Dec trouble

INTERGLOBE AVIATION, WHICH operates IndiGo, on Thursday reported a sharp fall in its October-December profit after onetime charges linked to widespread flight disruptions in December dragged earnings well below market expectations, even as revenue grew at a modest pace.

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1 min

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Air India loss in FY26 may cross ₹15K cr

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1 min

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RBI conducts $2-billion-plus foreign exchange swaps to blunt intervention hit

THE RESERVE BANK of India has conducted more than $2 billion in foreign exchange (Fx) swaps over the last two days to offset the drain in liquidity caused by spot dollar sales, bankers said, suggesting a focus on containing currency pressures without exacerbating banking liquidity tightness.

time to read

1 min

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Battery PLI loses charge

ONLY 2.8% OF TARGETED CAPACITY COMMISSIONED SO FAR

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Trump Vs Fed: Top court sounds alarm

US SUPREME COURT justices during arguments over President Donald Trump’s bid to fire Federal Reserve Governor Lisa Cook seemed to embrace the idea that the central bank’s independence to set monetary policy must be preserved and that eroding it would present real-world economic risks.

time to read

1 mins

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Indian Bank net profit rises 7% as provisions fall

INDIAN BANK ON Thursday reported a 7.3% year-on-year rise in its net profit for the December quarter to $3,061 crore, owing to lower provisions and an improvement in the asset quality.

time to read

1 min

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‘PNB Housing Finance to grow affordable business’

PNB Housing Finance has guided for 3.6%-3.7% net interest margin (NIM) and is confident of maintaining the same, Managing Director Ajai Kumar Shukla tells Kshipra Petkar in an interview.

time to read

2 mins

January 23, 2026

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