Warner Bros. Discovery Second Round Bids Due Dec. 1

Group 1 - Warner Bros. Discovery has requested bidders to submit improved offers by December 1 [1] - The company has received initial non-binding bids since November 20, with Paramount Skydance proposing to acquire the entire company, while Netflix and Comcast are interested in Warner Bros. Studios and HBO Max [1] - WBD anticipates that the sale process could be finalized by late December, although regulatory approval may take at least a year [2]