The moves in Hollywood continue as Warner Bros. Discovery finds more suitors. The groundbreaking was laid weeks ago by Paramount Skydance Corporation, which led the pools as a potential buyer of the legendary major.
Despite emerging from a messy merger between Paramount Global and Skydance, C.E.O. David Ellison He didn’t even let the paint dry before looking for a new studio. Paramount is known to have made at least two offers for Warner based on the share price, the latest at $23.5. Both rejected.
SkyShowtime for 4.99 euros per month
This streaming platform has temporarily lowered its prices, with a huge catalog full of gems like the Yellowstone franchise.
With other suitors like Netflix and Comcast (Universal) testing the waters, and some sources suggest that Amazon could join the party, Warner made the decision a few weeks ago and officially put the company up for sale, despite not suspending its CEO’s plans, David Zaslavto separate the corporation into two companies in 2026.
The Warner Bros. board of directors Discover has set tomorrow, Thursday, November 20, as the deadline for potential buyers to submit initial offers to acquire the company.
Paramount needs support to maintain advantage in purchasing Warner
With the first turning point in the process about to arrive, Paramount needs to strengthen its position as the main suitor if it wants to make franchises like Harry Potter, the lord of the rings, Headquartersthe Looney Tunes any A.D become your property.
This brings us to the information he shared Variety earlier in the week, suggesting that David Ellison and his family had turned to major Arab investment funds for support in launching a firm bid for the value of Warner Bros. 71 billion dollars.
The news indicated that contacts had been made with the Saudi Arabia Public Investment Fundthe Qatar Investment Authority and the Abu Dhabi Investment Authority. Support from these organizations would be a strong endorsement and Comcast co-CEO Brian Robertswas also in the region at the end of October.
However, in Variety They rectify the information based on a statement from Paramount in which they deny that they are seeking help from these Arab sovereign wealth funds:
“The information published by Variety is categorically inaccurate. This is a confidential process that we respect and therefore we will not comment until it is complete”.
Maybe tomorrow the bells will start to ring about how things have been. initial offers to acquire Warner Bros.. We will see how the dance between Paramount, Netflix, Comcast and, perhaps, amazon.
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