Netflix Ups Bid for Warner Bros. Discovery as Streaming Wars Heat Up
Netflix (NFLX) submits improved cash offer for WBD assets, competing against Paramount (PSKY) and Comcast (CMCSA) in major streaming industry consolidation battle.
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Comcast CEO Brian Roberts Prepares Aggressive Bid for Warner Bros. Discovery Assets
Comcast's (CMCSA) Brian Roberts plans to bid $27-28 per share for WBD's studio and streaming assets, potentially surpassing rivals Netflix and Paramount despite Trump administration opposition.
Warner Bros. Discovery Seeks Better Bids as Sale Process Heats Up
Warner Bros. Discovery requests improved offers from Paramount, Comcast, and Netflix by Dec. 1 as bidding war intensifies for HBO and CNN parent company.
Trump Opposition Sinks Tegna Stock as TV Merger Deal Faces Uncertainty
Tegna shares dropped 4% after Trump opposed FCC ownership cap changes, threatening Nexstar's $6.2B acquisition and creating turmoil in TV broadcasting consolidation plans.
Oppenheimer Downgrades T-Mobile Amid Slower Growth
Oppenheimer cuts T-Mobile to Perform, citing slowing subscriber growth, intense competition, and pressure on free cash flow after years of strong gains.
WBD Bidding War: Paramount Leads as Bids Fall Short of $30/Share
Warner Bros. Discovery receives bids from Paramount Skydance, Comcast, and Netflix, but regulatory hurdles and political factors may push final price below CEO's $30/share target.