Signage astatine the Warner Bros. Discovery office successful New York, US, connected Thursday, June 12, 2025.
Victor J. Blue | Bloomberg | Getty Images
Warner Bros. Discovery shares soared much than 25% Thursday day connected a study from the The Wall Street Journal that the precocious merged Paramount Skydance was preparing a takeover bid.
Shares of Paramount Skydance were up astir 8% successful day trading. Representatives for Paramount and Warner Bros. Discovery declined to comment.
Warner Bros. Discovery precocious announced plans to abstracted its planetary TV networks concern from its streaming concern and studios. The Journal reported Thursday the Paramount Skydance bid would beryllium for the entirety of WBD.
This is breaking news. Please refresh for updates.
English (US) ·