Paramount Skydance Reportedly Bidding For Warner Bros. Discovery In Latest Bold Venture After Ellison Takeover
1. Paramount Skydance is bidding to acquire Warner Bros. Discovery. 2. The bid is backed by the billionaire Ellison family. 3. The acquisition includes Warner Bros. Discovery's cable networks and movie studio. 4. This follows a multibillion-dollar merger between Paramount and Skydance Media. 5. Neither company commented on the news, indicating a developing story.