Warner Brothers Discovery Up for Grabs

Major entertainment companies, including Netflix, Comcast, and Paramount Skydance Corporation, are vying for Warner Brothers Discovery, the parent company of HBO, CNN, and Warner Brothers film and TV studios. The potential sale, which could reshape the media landscape, follows Warner Brothers Discoverys announcement to explore strategic options. Netflix, in particular, is considering abandoning its theatrical release opposition if it acquires the company. Paramount, fresh from its own takeover, has initiated the bidding frenzy. The board is set to make a final decision by Christmas.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.