Paramount Skydance reportedly preparing takeover bid for Warner Bros Discovery
Paramount Skydance is reportedly preparing a takeover offer for Warner Bros Discovery, in a bid to pull together two of the largest US legacy media conglomerates and Hollywood movie studios.Less than a month after Skydance, a production firm run by David Ellison, son of the billionaire tech mogul Larry Ellison, closed its merger with Paramount, the firm is considering other blockbuster deals.Paramount is preparing a majority cash bid for WBD that would be backed by the Ellison family, according to the Wall ...