Warner Bros. Discovery on Wednesday disclosed a fourth bidder submitted an offer for the company, adding to bids from Netflix, Paramount and Comcast, though little is known about the unnamed firm.

Warner Bros. Discovery’s (WBD) board of directors has rejected the $108 billion hostile takeover bid from David Ellison’s Paramount Skydance, calling the offer “illusory,” and saying that Paramount ...

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Netflix offers $28 per share for Warner Bros assets, source says Offer compares with Thursday closing price of $24.54 Paramount, which has sought to buy whole company, says sale process unfair - CNBC ...

HBO delivers the legitimacy and value no rival can replicate. Dimitrios Kambouris/Getty Images for Warner Bros. Discovery There’s a particularly trenchant quote from HBO’s House of the Dragon that ...

Active process underway regarding sale, CEO Zaslav says Streaming subscriber additions of 2.3 million miss estimates Blockbusters including "Superman" power studio revenue beat Nov 6 (Reuters) - ...

Warner Bros. Discovery has been telling investors it wants to split the company in two — and just produced some evidence that such a deal is necessary. The owner of CNN, HBO and the Warner Bros.

Last week, Warner Bros. Discovery finally said publicly what everyone has been talking about for weeks: The media company is up for sale. Although the news was hardly a surprise — Warner has been ...

The retirement of the old domain is the next step in Elon Musk's rebranding of the social media platform. Macy is a writer on the AI Team. She covers how AI is changing daily life and how to make the ...

Warner Bros. Discovery has launched a formal auction of the media giant, with bankers at JPMorgan and Allen & Co. combing through expressions of interest from multiple suitors – including one from ...

Just days after David Zaslav took the reins of a newly merged Warner Bros. Discovery in April 2022, the chief executive shuttered CNN+, a $300 million streaming subscription service that barely got ...

Warner Bros. Discovery has signaled that it may be open to a sale of its business just months after announcing plans to split into two companies. In an announcement Tuesday, the entertainment giant ...