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Warner Bros. Discovery Bidding War Intensifies as Netflix and Paramount Skydance Enter Fray

Warner Bros. Discovery Bidding War Intensifies as Netflix and Paramount Skydance Enter Fray

Author:

Global Cryptocurrency

Published:

2025-10-31 21:16:02

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BTCCSquare news:

Warner Bros. Discovery (WBD) shares surged over 4% in late Friday trading as a potential bidding war gains momentum. Netflix (NFLX) is reportedly preparing an offer, while Paramount Skydance (PSKY) has already submitted multiple bids—all previously rejected by WBD's board.

CEO David Zaslav emphasized during a recent town hall that any acquisition WOULD require a premium valuation. The company retains leverage with its planned 2025 split into Warner Bros. and Discovery Global business units should no satisfactory bids emerge.

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