Netflix Makes Mostly Cash Offer For Warner Bros In New Bidding Round: Report

Bloomberg reported on Monday, citing people familiar with the matter, that bankers for Paramount Skydance Corp., Comcast Corp. and Netflix worked over the long weekend on improved offers for all or part of Warner Bros.

Warner Bros. Discovery Inc. has reportedly received a fresh, mostly cash offer from Netflix.

Bloomberg reported on Monday, citing people familiar with the matter, that bankers for Paramount Skydance Corp., Comcast Corp. and Netflix worked over the long weekend on improved offers for all or part of Warner Bros.

The auction for Warner Bros could wrap up in the coming days or weeks, the report added.

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