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Warner Bros. Gets Mostly Cash Netflix Offer in New Round of Bids
Bloomberg.com and 3 more
- Warner Bros. Discovery’s auction shows renewed momentum as Netflix, Comcast and Paramount/Skydance weigh all-or-part bids ahead of a second proposal deadline.
- Paramount Skydance and Comcast join Netflix as contenders, with all-or-part asset plays on the table for WBD’s films, TV studios, and streaming assets.
- Analysts see industry-wide consolidation as a path for buyers to access WBD’s franchises and streaming assets amid a rapidly shifting market.
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