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Netflix and Skydance Media engaged in a bidding war for Warner Bros. Discovery, while Netflix also reportedly targeted Lionsgate Studios.

Steady: 0 in the last 7 days Updated sep 23

The latest in this situation

  1. Paramount Skydance secured the deal against Netflix, bringing CNN into the merger.

How it started

8 reports, 4 independent, last reported Oct 15. The briefing below covers this first event.

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Well supportedReported by 4 independent outlets

Netflix and Skydance Media engaged in a bidding war for Warner Bros. Discovery, while Netflix also reportedly targeted Lionsgate Studios.

Who's involved

What this event is mainly about
Warner Bros. DiscoveryNetflixSkydance Media

How it developed

Newest first. Tap a step to see who reported it.
  1. Paramount Skydance secured the deal against Netflix, bringing CNN into the merger.1 source
  2. The merger between Warner Bros. Discovery and Skydance Media remains on hold, with its valuation being benchmarked against Netflix's P/E ratio.Sub-event
  3. Netflix has placed a bid for Warner Bros. Discovery.1 source
  4. Netflix's interest in acquiring WBD intensifies as Skydance/Paramount emerges as a tougher competitor.1 source
  5. Netflix and Skydance Media competed to acquire Warner Bros. Discovery.1 source

Keep exploring

The entities involved

Related events

Coverage

Newest first; wire copies grouped
1 more outlet ran the same wire story