Warner Bros. Discovery Second Round Bids Due Dec. 1

Exclusive | Netflix steps up charm offensive to buy Warner Bros. Discovery even after Trump favors rival bid from Paramount

Netflix is ramping up a major charm offensive with Warner Bros. Discovery and US regulators as it pursues the media giant’s streaming service and Hollywood studio – and rival bidders fret that it may be working, On The Money has learned.

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. film and TV studios and HBO Max. WBD has indicated that it believes …