
Netflix’s acquisition of Warner Bros. isn’t set in stone yet. And, that means Skydance is preparing a “Hail Mary” hostile bid for the storied movie studio. The Washington Post reported on this effort to kick off the week. Here at The Mary Sue, we’ll explain this whole sordid affair for you, so you don’t have to go Googling or worse asking an AI model about where Warner Bros. is going to end up!
So, the big kerfuffle about Warner Bros. trying to sell its studio kicked up a few weeks ago. In true late capitalism fashion, CEO David Zaslav said that the company was not for sale, and then a few weeks later most trades in the media reported that they were exploring offers. Three realistic contenders emerged in Skydance (Paramount), Comcast (Universal), and Netflix (the one that shows movies at home.)