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Paramount Skydance Prepares Ellison-Backed Bid for Warner Bros
Financial Express Chennai
|September 12, 2025
PARAMOUNT SKYDANCE IS preparing a majority cash bid for Warner Bros. Discovery that is backed by the Ellison family, the Wall Street Journal reported on Thursday.
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Shares of Warner Bros. jumped nearly 30% while Paramount was up 7% after the news. The bid will be for the entire company, including its cable networks and movie studio, the report said, citing people familiar with the situation.
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