Warner Bros. Discovery Second Round Bids Due Dec. 1

Warner Bros. Discovery has asked bidders to submit a sweetened second round of offers by Monday, Dec. 1, Deadline has confirmed. The media giant led by CEO David Zaslav has been sitting on the first round of non-binding bids since Nov. 20. As reported, Paramount Skydance is offering to buy the entire company, while Netflix and Comcast are looking to acquire the Warner Bros. Studios and streaming assets, namely HBO Max. WBD has indicated that it believes the sale process can be concluded by late December, a ...