WARNER BROS. DISCOVERY BEGINS REVIEW OF FIRST-ROUND BIDS FROM PARAMOUNT, COMCAST AND NETFLIX

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Warner Bros. Discovery has moved into the next phase of evaluating a potential sale, beginning its review of first-round acquisition bids submitted on Thursday by Paramount Skydance, Comcast and Netflix, according to a source familiar with the process. The preliminary offers, all nonbinding, mark the clearest sign yet that the century-old studio could undergo one of the most consequential shake-ups in modern entertainment.








