"Paramount Skydance, backed by the family of CEO David Ellison, is getting ready to make a bid to take over all of Warner Bros. Discovery before the two companies can go through with their plan to split, per a new report from The Wall Street Journal. If such a deal happens, it would put networks as diverse as CBS, CNN, TCM, and MTV under one roof and result in the combination of two historic Hollywood studios, Paramount Pictures and Warner Bros."
"If the Ellisons get control of WBD, they get control of CNN. Given how much Paramount has pushed CBS News rightward in the past couple weeks, it's easy to imagine the Trump White House won't stand in the way of the Ellisons taking over WBD. In fact, one could see it happily pushing for a deal that would put CNN in the hands o"
Paramount Skydance, backed by David Ellison's family, is preparing to bid for Warner Bros. Discovery before a planned split completes. Such a deal would place networks like CBS, CNN, TCM, and MTV under one corporate roof and merge Paramount Pictures with Warner Bros. The potential merger revives streaming consolidation possibilities, such as combining HBO Max and Paramount+. A Paramount source characterizes the bid as exploratory rather than urgent. No formal offer has been made. WBD stock jumped nearly 30 percent on the news. Management reactions, shareholder responses, and rival bidders remain uncertain.
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