Reported about 9 hours ago
Speculation about a possible sale of Warner Bros. Discovery (WBD) intensified after reports emerged that Paramount is preparing a bid for the media giant. Analysts suggest this could lead to a bidding war, involving other potential bidders like Comcast, Amazon, and Netflix, especially as WBD prepares to split into two in early 2026. The news has positively impacted stock prices for both WBD and Paramount, with analysts noting the need for greater consolidation in the media industry.
Source: YAHOO