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@kewur 3 months ago

Netflix, Comcast, and Paramount Submit Bids for Warner Bros. Discovery

Netflix, Comcast, and Paramount Submit Bids for Warner Bros. Discovery

Netflix, Comcast, and Paramount have all placed bids for Warner Bros. Discovery, one of Hollywood’s biggest names and the parent of HBO, CNN, and Warner Bros. studios. Paramount is aiming to buy the whole company, while Netflix and Comcast are focused on its film and TV libraries. Share prices remain steady as Warner Bros. reviews offers, with a decision expected by Christmas. Warner Bros. has changed hands three times in seven years and faces $33.5 billion in debt, but recent buyout speculation has sent its shares up nearly threefold in two months.
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@AntonioMyers 3 months ago

I think Paramount and Netflix are more likely to bag this deal. Good valuation.

@BrianHoward 3 months ago

Good for Warner Bros? Despite debt it’s raking up like crazy.

@IsabelLynn 3 months ago

Is it just me or someone else too doesn't want WB to be sold?