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Warner Bros. Discovery is evaluating multiple acquisition offers submitted Thursday by Paramount Skydance, Comcast and Netflix.
Warner Bros. Discovery is expected to decide whether to accept an acquisition offer or proceed with its plan to break up the company by some time in December, according to news reports. So investors don't have long to wait before the famed studio closes the latest chapter in its storied 100-year history.
Paramount Skydance rejected a report that it’s working with a consortium of Middle Eastern sovereign wealth funds on a $71 billion offer for Warner Bros. Discovery, calling it
Earlier mergers, like Disney's 2019 acquisition of Fox, cut the number of films studios released theatrically — a troubling trend for theater owners already coping with consolidation and streaming.
NEW YORK (AP) — Warner Bros. Discovery — the home of HBO, CNN and DC Studios — has signaled that it may be open to selling all or parts of its business, just months after announcing plans to split into two companies. In an announcement Tuesday, the ...