Paramount, Comcast and Netflix submit bids for Warner Bros Discovery, source says

The bids set the stage for a significant consolidation in the media industry and will determine the future of prized assets like HBO, the Warner Bros film library and the DC Comics universe.

Warner Bros Discovery has received preliminary buyout bids from rivals Paramount Skydance ,Comcast and Netflix, a source familiar with the matter said on Thursday, kicking off a potential sale of the century-old Hollywood studio.