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The Guardian - US
The Guardian - US
Business
Callum Jones in New York

REVEALED: Paramount skydance reportedly preparing takeover bid for warner bros discovery | Vintage Vibes

Warner Bros logo and palm trees
Shares in WBD surged by as much as 34% following the Wall Street Journal report of the expected offer. Photograph: Eric Gaillard/Reuters

Paramount Skydance is reportedly preparing a takeover offer for Warner Bros Discovery, in a bid to pull together two of the largest US legacy media conglomerates and Hollywood movie studios.

Less than a month after Skydance, a production firm run by David Ellison, son of the billionaire tech mogul Larry Ellison, closed its merger with Paramount, the firm is considering other blockbuster deals.

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