As a result, the latest round could lead to a winner, or WBD may opt for a third round if the offers aren’t high enough, something the media company is looking to announce this week, Gasparino posted in an earlier tweet. Netflix and Paramount declined to comment, although a Paramount representative did not respond to a request for a comment on the prospect of the sovereign wealth funds participating, which TheWrap previously reported on. In addition to continuing on with its planned split into Warner Bros. and Discovery Global, which is on track for completion in April, the company’s board is also considering separate transactions for the two companies or a deal for the entire combined company.
Author: Kayla Cobb, Lucas Manfredi
Published at: 2025-12-01 22:44:02
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