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Benzinga
Benzinga
Business
Eva Mathew

HISTORICAL FACTS: Hollywood braces for epic bidding war as paramount comcast and netflix eye warner bros discovery who will call cut | History Defined

Warner Discovery Warner Bros Netflix Paramount Comcast Hollywood Nasdaq David Ellison WBD
Warsaw,,Poland.,21,May,2021.,Sign,Warner,Bros.,Discovery.,Company

Hollywood is gearing up for its most consequential bidding war in years as first-round offers for Warner Bros. Discovery (NASDAQ:WBD) arrive on Thursday, drawing in some of the biggest names in entertainment.

With the studio’s valuation soaring and its assets suddenly back in vogue, it’s a striking turn for a company that has already cycled through three owners in seven years.

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