Warner Bros. Discovery recently expanded its strategic review of its business, saying it's open for a sale. First round bids came in this week.
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Paramount Skydance
, Comcast
and Netflix
formally submitted takeover offers for Warner Bros. Discovery
If WBD deems the new Paramount offer superior, Netflix will have four days to improve its previously agreed-upon bid.
WBD's coveted library of content includes franchises like DC's superheroes, Harry Potter, Lord of the Rings, Game of Thrones,…
Warner Bros says the latest proposal could convince it to abandon the deal it struck with Netflix.
The Hollywood battle to buy Warner Bros Discovery is shaping up to be a blockbuster.
Details of offer not immediately available as Paramount looks to beat rival Netflix for control of Warner Bros
If Warner’s board changes course and deems Paramount’s latest offer superior, Netflix will be able to revise its bid.
