Warner Bros. Discovery in Bidding War: Netflix vs. Paramount Skydance

Warner Bros. Discoverys future hinges on a high-stakes bidding war, with Netflix and Paramount Skydance vying for its streaming and studio assets. The companys goldmine content library, including Harry Potter, DC Comics, and Game of Thrones, is the key attraction. Wall Street sees it as a merger arbitrage play, with shares trading above average analyst targets. The outcome will shape a transformed media giant, as tender deadlines approach in January.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.