Netflix Inc. has secured additional debt from Wall Street banks to fund its amended, all‑cash purchase of Warner Bros. Discovery Inc.’s studio and streaming assets. The new bridge loan pushes the total financing to $42 billion, matching the deal’s valuation and ensuring liquidity for the transaction ahead of the closing.

The move underscores Netflix’s aggressive strategy to consolidate content amid a crowded streaming market. By financing the acquisition entirely in cash, the company sidesteps equity dilution, preserving shareholder value. Analysts note that the deal could reshape licensing dynamics and intensify competition with Disney and Amazon in the coming years.

Investors will watch how the $42 billion loan is structured and whether Netflix can integrate Warner’s catalog without disrupting its own streaming schedule. Regulatory scrutiny may focus on antitrust concerns, while the deal could prompt other studios to seek similar financing arrangements to stay competitive and secure future growth.