HBO

2026-07-06 23:54:36

Warner Bros Discovery Shares Surge 3.4% as Paramount, Netflix, Comcast Prepare Bids

Warner Bros. Discovery shares rose 3.4% on Friday after reports that Paramount-Skydance, Comcast and Netflix are preparing non-binding bids for the company. Paramount offers $23.50 per share for the entire firm while others focus on studio and streaming assets. The auction could reshape the entertainment industry amid regulatory hurdles.

210
Warner Bros Discovery Shares Surge 3.4% as Paramount, Netflix, Comcast Prepare Bids