Skydance considers acquiring Warner Bros. Discovery before its split

variety.com

Skydance Media, recently acquiring Paramount Global, is reportedly considering a $70 billion-plus bid for Warner Bros. Discovery. This potential acquisition aims to preempt a bidding war for Warner Bros. Discovery's streaming and studio assets before the company splits, potentially securing the entire entity. The move faces significant financial and regulatory hurdles, with concerns raised about market concentration and the combined company's debt.


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