Warner Bros. Discovery's (WBD) stock has spiked close to 50% in just two trading days after a Wall Street Journal report said Paramount Skydance (PSKY) is preparing a majority-cash bid for the media conglomerate — a potential move that could set off a Hollywood bidding war and reshape the global streaming landscape. The David Ellison-backed company, which just closed on its takeover of Paramount last month, is reportedly eyeing all of Warner Bros. Discovery’s assets, which include recognizable and high-pr ...