Warner Bros. Discovery shares have skyrocketed for the second consecutive day as reports emerge that Paramount Skydance is gearing up to bid for its media rival. The potential deal, backed by the Ellison family, could reshape the media landscape.
Warner Bros shares surge as reports indicate a major cash bid backed by Larry Ellison. This unexpected merger could reshape Hollywood's landscape, but will it pass antitrust scrutiny?
Warner Bros Discovery announces a major split into two companies to focus on its successful streaming ventures and struggling cable networks, aiming to enhance investor clarity and market competitiveness.
