Attorneys for the David Ellison-run studio say rival bidders "face grave uncertainty and significant opposition" from regulatory oversight in the U.S. and abroad.
The first round bids were non-binding, with things likely to evolve over the coming weeks. It was not immediately clear if Saudi Arabia or other Middle Eastern funds were involved in any bid.
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Paramount throws in more cash in bid for Warner; Comcast wants to combine assets with NBCUniversal
Jockeying for HBO-owner Warner Bros. Discovery has intensified as the auction appears to enter its home stretch.
Paramount, which was rebuffed in three previous unsolicited bids, was the only contender “pursuing all of Warner Discovery,” ...
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Warner Bros. Discovery Bids Are Due This Week. How Do Paramount, Netflix, Comcast Stack Up?
The For Sale sign is fully lit on Warner Bros. Discovery, and three legitimate bidders are putting together offers: David Ellison's Paramount Skydance (which wants the whole enchilada) and Netflix and ...
Netflix Inc., Comcast Corp. and Paramount Skydance Corp. all submitted bids for Warner Bros. Discovery Inc., according to ...
David Ellison's Paramount Skydance wants to buy Warner Bros. Discovery. A pairing of their streamers could challenge Netflix ...
Paramount Global has secured the exclusive streaming rights to UEFA Champions League games offered in the United Kingdom, ...
Paramount, Comcast and Netflix have submitted bids for Warner Bros. Discovery, owner of the storied Warner Bros. movie and television studio and HBO, according to people familiar with the matter. The ...
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