Paramount Skydance has a ‘plan B' if Netflix wins auction for Warner Bros. Discovery: sources
If Warner Bros. Discovery is leaning toward Netflix’s offer in the high stakes race for the company’s assets, rival bidder Paramount Skydance has a “Plan B” to win the auction, On The Money has learned.Netflix has made a majority cash offer to purchase the Warner Bros. studio and HBO Max while Paramount Skydance has made an all-cash bid for the whole company including cable channels CNN and HBO, the sources said. WBD could pick a winning bidder as early as this week, people close to the process tell The Pos ...