Warner Bros. Discovery says it’s open to a sale
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On Tuesday, WBD disclosed that it has received “unsolicited interest” from prospective acquirers and said it was open to a sale.
Stephen Colbert kicked off The Late Show Thursday with a sarcastic jab at his soon-to-be former boss, expressing his “love” for Paramount Skydance chief David Ellison while quipping that he just bought his canceled show a “couple more months.”
The father-son duo behind Oracle and Skydance now control CBS, are set to take a stake in TikTok, and are reshaping the US media landscape.
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The real reason Paramount’s David Ellison may finally disclose a bid for Warner Bros. Discovery
A bidding war could take the total price of WBD from around the $50 billion Ellison is currently eyeing to upwards of $60 billion – which is exactly what WBD’s deal-savvy CEO David Zaslav
David Ellison, chairman and CEO of Paramount Skydance, danced around questions about whether he would pull the trigger on a bid to acquire Warner Bros. Discovery. But he did say there are “a lot” of M&A possibilities on the table.
In the wake of a swatted-away takeover bid from David Ellison's Paramount Skydance, Warner Bros. Discovery on Tuesday announced that it "will evaluate a broad range of strategic options" regarding the future of the company.
Media mogul David Ellison is preparing to finally submit an official merger bid for Warner Bros. Discovery, On The Money has learned – but don’t expect wedding bells and rose petals anytime soon. Ellison – who has stayed eerily silent since reports leaked last month that his media giant Paramount Skydance might bid for WBD – could disclose a takeover bid as soon as this week for the owner of the Warner Bros.
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