US EditionNetflix, Paramount, Comcast Battle with Bids to Buy Warner Bros. Discovery
Netflix, Paramount, and Comcast submitted initial bids to acquire Warner Bros. Discovery's studio and streaming assets amid regulatory scrutiny and strategic review.
- On Thursday, Paramount Skydance, Comcast and Netflix submitted nonbinding offers for Warner Bros. Discovery, which is evaluating multiple bids, according to reports.
- In November, Warner Bros. Discovery launched a strategic review after unsolicited M&A interest and required participating bidders to sign nondisclosure agreements.
- Paramount Skydance's offer, backed by the Ellison family, reflected a prior $23.50/share proposal with cash increases, while Netflix targeted Warner's studios and library and pledged to honor theatrical deals.
- The WBD board plans to review offers before Thanksgiving and aims to decide by end-2025, while FTC Chair Andrew Ferguson, DOJ Assistant AG Gail Slater, and lawmakers warned of antitrust risks.
- Warner Bros. Discovery is set to split into two companies by April 2026, separating studios and streaming under David Zaslav from Discovery Global led by Gunnar Wiedenfels.
19 Articles
19 Articles
Why Comcast could go all out to buy Warner Bros. Discovery
Comcast co-CEO Brian Roberts may be most motivated to buy Warner Bros. Discovery.Comcast; Mario Tama/Getty ImagesA bidding war for Warner Bros. Discovery is brewing between Paramount, Comcast, and Netflix.Despite the deep pockets of Paramount and Netflix, Comcast may need WBD the most of the three.HBO Max has limited overlap with Peacock and could help bring it global, analysts say.The battle for Warner Bros. Discovery has officially begun. But …
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Paramount, Comcast, and Netflix Have Submitted Bids for Warner Bros. Discovery
The deadline for the initial round of offers for Warner Bros. Discovery was yesterday, November 20. As expected, Paramount, Comcast, and Netflix all submitted bids. These nonbinding bids are the first step in a potential sale. Next, the submissions will be reviewed and the bidders will be asked to submit binding offers. Meanwhile, Warner Bros. Discovery […] The post Paramount, Comcast, and Netflix Have Submitted Bids for Warner Bros. Discovery a…
Renewals and Cancellations: 'The Chair Company,' 'Task,' 'Twisted Metal'
The initial bids for Warner Bros. Discovery are coming in from three potential suitors: Comcast (which owns NBCUniversal/Peacock), Netflix, and Paramount/Skydance. I'm rooting for them all to fail, but if I had to choose one, I'd probably go with NBCUniversal,... Read more...
Paramount Skydance, Netflix, and Comcast have submitted bids to acquire WarnerBros. Discovery (WBD), owner of HBO, CNN, and TVN, among others. According to media reports, the US administration is favoring the company owned by the son of a billionaire allied with Donald Trump.
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