ToplineParamount Skydance will submit a bid to acquire Warner Bros. Discovery in a proposal backed by the billionaire Ellison family, the Wall Street Journal reported Thursday, weeks after a multibillion-dollar merger closed between Skydance Media and Paramount. The proposal includes Warner Bros. Discovery's cable networks and movie studio.NurPhoto via Getty ImagesKey FactsA bid by Paramount Skydance—run by David Ellison, son of Oracle chairman Larry Ellison—will include Warner Bros. Discovery’s cable netwo ...

ToplineParamount Skydance will submit a bid to acquire Warner Bros. Discovery in a proposal backed by the billionaire Ellison family, the Wall Street Journal reported Thursday, weeks after a multibillion-dollar merger closed between Skydance Media and Paramount. The proposal includes Warner Bros. Discovery's cable networks and movie studio.NurPhoto via Getty ImagesKey FactsA bid by Paramount Skydance—run by David Ellison, son of Oracle chairman Larry Ellison—will include Warner Bros. Discovery’s cable netwo ...

The bid will be for the entire company, including its cable networks and movie studio, according to people familiar with the situation. ...