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Technology Stocks : Media Industries: Newspapers, TV, Radio, Movies, Online
NFLX 94.76+0.2%3:59 PM EST

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From: Ron11/26/2025 6:43:51 PM
   of 8734
 
Warner Bros. Ups Its Price, Tells Bidders To Come Back With Better Offers

The studio had already received a first round of bids from a trio of competitors interested in buying all or some of the famed movie studio. Paramount Skydance ( PSKY), Netflix ( NFLX) and Comcast ( CMCSA) all submitted initial bids last week. Now, Warner Bros. told all three they had until Dec. 1 to turn in new offers, according to Bloomberg. The expectation is that the new bids would offer better terms.
Warner Bros. stock jumped 2% on news of the upcoming second round of negotiations.
Who Will Buy Warner Bros.?
So far this year, the prospect of a sale has done wonders for Warner Bros.' stock. Shares are up about 87% since an initial report in September that the newly formed Paramount Skydance was interested in acquiring Warner Bros. in its entirety. The stock rose close to 30% the day of that first report.
Paramount's offer reportedly amounted to $23.50 a share.


Warner Bros. Names Its Price As Bidding Deadline Looms

Meanwhile, Comcast and Netflix are reportedly interested in buying Warner Bros.' streaming service, HBO Max, its movie and television studio, and its content library. Crucially they are not interested in purchasing all of Warner Bros.' TV channels, which include CNN, TBS and TNT, among others.
All three of the bidders would face significant regulatory scrutiny in getting any deal approved. However, all three are trying to get bigger in order to compete with tech companies like Amazon ( AMZN) and Apple ( AAPL), which have made their own forays into the entertainment business.


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