With new bids, Warner Bros. Discovery looks to narrow the auction field
Warner Bros. Studios in Burbank. (Myung J. Chun/Los Angeles Times) Warner Bros. Discovery's winnowing of bidders is expected to accelerate this week. Monday marks the deadline for a second round of proposals, which Warner's board members anticipate will bring sweetened bids from the three rivals vying for the prize. Comcast, Paramount and Netflix each submitted initial nonbinding offers last month, forming the auction's floor. Warner bankers privately have signaled to the interested parties that this ro ...