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.
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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.
Paramount Eyes Middle Eastern Investment for Warner Bros. Discovery Bid
Paramount to submit its bid of around $23.50 a share for Warner Bros. Discovery this week. Netflix stock dips on WBD acquisition concerns.
Hollywood Shakeup: Who Wants to Buy Warner Bros. Discovery?
Warner Bros. Discovery set a Nov. 20 bid deadline. Paramount Skydance offered $71B for the whole company, while Netflix and Comcast target HBO Max and the studios.
Warner Bros. Discovery Attracts Bids from Paramount, Comcast, and Netflix
Warner Bros. Discovery faces acquisition interest from Paramount, Comcast, and Netflix as the media giant seeks buyers by year-end. First-round bids due November 20.
Paramount Earnings Show Streaming Gains, Plans Job Cuts
Paramount's (PSKY) Q3 earnings show streaming growth offset by TV decline post-Skydance merger. Company targets $3B in cost savings with 2,000 layoffs while pursuing Warner Bros. Discovery acquisition.