Comcast, Warner Bros.
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Comcast CEO mulls sweetened bid for Warner Bros. Discovery despite Trump opposition: sources
People with direct knowledge say that Roberts – scrambling to reinvigorate Comcast’s shrinking empire – plans to join a second round of bidding next week for WBD, which owns the No. 1 Hollywood studio, the No. 3 streamer in HBO Max plus cable properties like HBO and CNN.
As Netflix and Paramount fight for Warner Bros. Discovery, the fate of the giant media company could rest on the value of its cable networks.
The offer to shareholders comes days after Warner Bros. agreed to sell its streaming and studio business to Netflix.