Netflix and Paramount are locked in a high-stakes battle to acquire Warner Bros. Discovery, with bids topping $100 billion.
The sale of HBO-owner Warner Bros. Discovery (NASDAQ:WBD) has become the entertainment and streaming industry’s Game of ...
Wall Street is betting that a bidding war is brewing for Warner Bros. Discovery – and that, in turn, is slamming the shares of the two media giants that want to buy it, sources told On The Money.
Paramount Skydance on Monday launched a hostile, $108.4 billion bid to buy Warner Bros. Discovery (WBD), days after Warner agreed to be acquired by Netflix for $82.7 billion. Paramount is going ...
Paramount said in a letter that it thinks WBD has been conducting an unfair bidding process that has put a thumb on the scale in favor of Netflix's bid Paramount Skydance had been considered the front ...
NEW YORK (AP) — Warner Bros. is telling shareholders of the company that it believes a $72 billion buyout offer from Netflix is superior, and to reject a hostile takeover bid from Paramount Skydance.
NEW YORK—Following a report by the Wall Street Journal that Paramount is likely to make a bid for all of Warner Bros. Discovery, LightShed Partners analyst Richard Greenfield has issued an investment ...
(CNN) — Long-gestating speculation about a sale of Warner Bros. Discovery burst out into public view on Thursday after the Wall Street Journal reported that Paramount’s new owners are preparing a bid ...
Paramount Skydance said it wanted to buy Warner Bros. Discovery in part to build a formidable streaming service that could compete with Netflix. But it may have pushed WBD into Netflix’s arms instead.