We hadn’t expected this for months, but the end of the year has become interesting in the film industry due to one of the most intense shopping processes since Disney acquired most of Fox’s Warner Bros. assets. Discovery is for sale and its main buyers could change the rules of the game if they take control of the major.
The company that made the hare jump was the newly formed Paramount SkyDance Corporationwhich completed its merger process in early August and, a few weeks later, rumors emerged of an attempt by its CEO, David Ellisonfor laying the gauntlet on Warner. This would bring together two major record labels under one label.
HBO Max
HBO Max has one of the largest and best catalogs in the streaming world, and also with competitive prices.
A similar case would be Comcastthe matrix of Universal Imageswhich was formally formed shortly after Paramount to test the company. Third in the dispute is Netflix, initially not interested in taking over the studio, but now”would break your golden rule“to take over the company.
Paramount wants the entire company: all of its assets. Hence the initial rush on the part of Ellison, as the CEO of Warner, David Zaslavwants to split the company in 2026. However, Comcast and Netflix only want the television and film assets, which opens the door to many possibilities.
Warner’s fate could be revealed very soon
As reported Bloomberg (through deadline), after the first round of offers, which had a deadline of last Thursday, November 20, Warner set a second deadline for Paramount, Comcast and Netflix to present improved offers before December 1st.
Confidentiality agreements surrounding the process are already in place, as Warner’s accounts have already begun to be examined by each potential buyer’s auditors.
Warner Bros. Discovery expects the sale process to be completed by the end of the year and anticipates the transaction could last a full year as the acquisition is subject to government scrutiny.
Be that as it may, if things progress, we may know the fate of Warner Bros. Discovery in a matter of weeks. Where will the major end up? Whoever wins the race will take franchises like the lord of the rings, Harry Potterhe DC Universe and a long etc.
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