Daily Tech Headlines Netflix Ups Bid for Warner Bros Discovery / HBO with All-Cash Offer to Counter Paramount - DTH
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Jan 20, 2026 Netflix makes waves with a $27.75 per-share cash offer for Warner Bros Discovery. Meanwhile, Sony teams up with TCL to spin off its TV hardware business. Adobe unleashes exciting AI features for Premiere Pro and After Effects, enhancing user experience. In social media news, Meta's oversight board debates a permanent ban for hate speech. Plus, a stunning report reveals that Reels will dominate Instagram ads by 2025, and the EU proposes a Cybersecurity Act revision aimed at high-risk vendors.
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Netflix's Simplified Counteroffer
- Netflix switched to an all-cash $27.75 per-share offer to simplify and counter Paramount's hostile $30 bid.
- Warner Bros Discovery assets like CNN would be spun off into a new company called Discovery Global supported by WBD's board.
Sony-TCL Joint Venture Strategy
- Sony and TCL agreed to a non-binding JV with TCL holding 51% and Sony 49% to spin off Sony's TV hardware.
- The deal aims to combine Sony's processing and audio with TCL's display cost efficiency to target premium TVs and lower prices.
Adobe Supercharges Video Workflows
- Adobe added AI tools to Premiere Pro and After Effects to speed editing with object masks and faster shape masks.
- New features include SVG import and 3D parametric meshes to streamline VFX and motion graphics workflows.