NasdaqGS:PSKYMedia
Paramount Skydance Weighs Warner Deal And Netflix Pact As Shares Slide
Paramount Skydance, listed as NasdaqGS:PSKY, is reported to be exploring a takeover bid for Warner Bros. Discovery that could affect Warner's current deal with Netflix for key studio and streaming assets.
Public remarks from advisers involved in the talks indicate confidence in Paramount Skydance's interest, while Warner Bros. Discovery is said to be open to a revised and higher offer.
The situation places Paramount Skydance in the middle of a high profile contest over control of content...