Good morning. Who will win the competition to scoop up Warner Bros Discovery?
A number of prominent suitors are reportedly vying for the troubled media company, whose corporate provenance is so complicated that some of its assets (e.g. CNN, HBO, Turner) were owned by the parent company of this very publication when I joined it an eon ago.
Among them: Netflix, NBCUniversal owner Comcast, David Ellison’s Paramount-Skydance, and—in a surprise twist—the Saudi Public Investment Fund, or PIF, which recently became majority shareholder of American gaming giant Electronic Arts.
Bids are due Thursday; we’ll soon see who ends up with a legacy media-sized gift under the Christmas tree.
Today’s tech news below. —Andrew Nusca
