Netflix, Amazon, and Apple are reportedly interested in buying Warner Bros.

2 weeks ago 8

Three of the rumored imaginable buyers for amusement titan Warner Bros. Discovery are tech companies. Netflix, Amazon, and Apple are each funny successful buying Warner Bros. Discovery arsenic a full oregon acquiring pieces of the company, similar its contented libraries and accumulation assets, according to Bloomberg. 

Earlier this week, Warner Bros. Discovery announced it was launching a “review of strategical alternatives to maximize shareholder value, successful airy of unsolicited involvement the Company has received from aggregate parties for some the full institution and Warner Bros.” According to the report, aft receiving the supra inquiries, arsenic good arsenic others from Paramount and Comcast, it’s readying nondisclosure agreements for the prospective buyers up of sharing fiscal information with them.

People acquainted with the substance told Bloomberg that WBD has already passed connected 3 offers from Paramount, including 1 for up to $24 per share. Paramount precocious completed a tricky (and controversial) merger with Skydance Media. 

Warner Bros. Discovery owns the likes of HBO, CNN, DC Studios, and, of course, its namesake movie studio, each of which it could perchance sell. If the Paramount-Skydance merger is immoderate indication, uncovering a purchaser that tin get WBD arsenic a full could beryllium challenging. However, WBD has already announced plans to split its cablegram TV and streaming businesses adjacent year.

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