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News  ›  Benzinga

Comcast CEO Eyes $28 Per Share Bid For Warner Bros. Assets, Outbidding Paramount, Netflix

Benzinga Logo Benzinga By Anusuya Lahiri
Comcast CEO Eyes $28 Per Share Bid For Warner Bros. Assets, Outbidding Paramount, Netflix

Comcast CEO Brian Roberts is considering a $27-$28 per share bid for Warner Bros. Discovery's studio and streaming assets, potentially outbidding Paramount Skydance and Netflix in a strategic acquisition to revive Comcast's media portfolio.

Insights
ACHR.WS   neutral

Pre-revenue company with potential in electric vertical takeoff and landing aircraft, partnering for Olympic Games, but currently experiencing stock price volatility


CCZ   positive

Actively pursuing strategic expansion, seeking to strengthen media portfolio and combat declining cable business