Paramount, Comcast, Netflix Battle for Warner Brothers Discovery

Major media players, including Paramount, Comcast, and Netflix, are vying for Warner Brothers Discovery in a high-stakes auction. Paramount is reportedly increasing its offer with Middle Eastern backing, while Comcast proposes a merger of NBCUniversal and Warner Brothers assets. The proposed deals could value Warner Brothers Discovery at nearly $70 billion, with each facing rigorous regulatory review.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.