Netflix is reportedly exploring a bid for Warner Bros Discovery, hiring investment bank Moelis & Co. to evaluate a potential acquisition. The streaming giant faces competition from Paramount Skydance in the race for the legendary studio.
Warner Bros. Discovery has initiated formal sale proceedings, inviting bids for the entire company or individual assets. According to reports, Apple has expressed interest in acquiring the media giant’s extensive content library alongside other tech and streaming competitors.
Warner Bros. Discovery has officially put itself up for sale, with the company inviting offers for the entire corporation or various portions of its substantial media assets. According to reports, Paramount Skydance has already submitted a bid of $24 per share for the complete company, though sources indicate the media giant has thus far rejected these proposals.
Warner Bros. Discovery Officially Exploring Sale Options Warner Bros. Discovery has confirmed it is evaluating potential sale opportunities after receiving…
