Paramount Skydance reportedly preparing takeover bid for Warner Bros Discovery
1. Paramount Skydance plans a cash offer for Warner Bros Discovery. 2. WBD shares surged 34% following the acquisition news report. 3. David Ellison's recent mergers signal aggressive expansion in media ventures. 4. Questions arise on CNN's future under a new ownership structure. 5. Recent deals and political controversies intensify scrutiny of CBS News.