Market Chatter: Paramount Skydance CEO Eyeing Possible Bid for Warner Bros. Discovery

MT Newswires Live
Oct 09

Paramount Skydance (PSKY) Chief Executive David Ellison is in talks with private equity firms to explore a potential acquisition of Warner Bros. Discovery (WBD) that could cost over $60 billion, the New York Post reported Wednesday, citing sources with direct knowledge of the matter.

Among the potential investors is Apollo Global Management (APO), which appears most likely to support a potential deal, according to the report.

Blackstone (BX) has reviewed a possible financing role but is reportedly not interested in joining the bid at this time, the media outlet reported.

Paramount Skydance, Apollo, Blackstone, and Warner Bros. Discovery did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 18.23, Change: -0.29, Percent Change: -1.54

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10