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Warner Bros. Fight Hinges on Value of Shrinking Cable Assets
Yahoo Finance· 2025-12-10 02:18
Bloomberg While Netflix Inc. and Paramount Skydance Corp. vie for President Donald Trump’s blessings in their competing bids for Warner Bros. Discovery Inc., investors have an irony to consider. The valuation of faltering cable TV networks like CNN, TNT and Discovery — among the TV industry’s least-coveted properties today — is much of what separates Paramount’s hostile takeover bid from Netflix’s friendly offer. Most Read from Bloomberg WATCH: The value of faltering cable channels such as CNN, TNT and ...