The Latest Breaking News from WBD

Warner Bros Discovery Inc (NASDAQ:WBD) shares are trading higher on Friday after the company initiated a strategic review to maximize shareholder value, with The Wall Street Journal reporting that Paramount Skydance Corp (NASDAQ:PSKY), Comcast Corp (NASDAQ:CMCSA) and Netflix Inc (NASDAQ:NFLX) are preparing bids.

(Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story.)

Netflix is reportedly exploring a bid for Warner Bros. Discovery, signaling a potential shakeup in the streaming wars. The deal could unite major franchises under one roof.

Why is this constantly a thing now?

Warner Bros. Discovery has been stealing the spotlight, outperforming the broader market over the past year. Therefore, Wall Street analysts are fairly bullish about its future potential.

Lawrence O’Donnell said that Scott Jennings wasn’t always like this, claiming he was once ‘capable’ of criticizing Trump before he ‘figured out where the money is’ and became the ‘JD Vance of CNN.’

Paramount Skydance plans to keep Warner Bros. creative teams intact while merging HBO Max with Paramount+ for a streamlined operation.

‘Sure, at first blush it sounds crazy, but Trump loves a deal, and Brian Roberts needs to think big and differently,’ media analyst Rich Greenfield wrote this week

Stocks surged higher on a cooler-than-expected inflation reading and a pending interest rate cut; next week big tech earnings may power stocks even higher