New Bids for Warner Brothers Discovery: Paramount, Netflix, Comcast
Update: 2025-12-02
Description
Paramount Skydance, Netflix, and Comcast submit new bids for Warner Brothers Discovery, with Paramount aiming for a full acquisition and Netflix and Comcast focusing on Warner Brothers studios and streaming business. Paramounts offer, backed by Ellison family, RedBird Capital, Apollo Global Management, and Middle Eastern sovereign wealth funds, is a significant development. Netflixs updated bid is mostly cash, and Comcast has also submitted a new offer. Netflix assures Warner Brothers Discovery of honoring existing deals if their bid is successful. The Warner Brothers Discovery board committee reviews these proposals, aiming to finalize the process by the end of 2025.
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