Who hosted a dinner for Hollywood elites before Warner Bros. Discovery sale offers?

Warner Bros. Discovery CEO David Zaslav hosted a dinner for Hollywood elites.

Which companies submitted bids for Warner Bros. Discovery?

Paramount, Comcast, and Netflix submitted bids for Warner Bros. Discovery.

What is the next step after bids are submitted for Warner Bros. Discovery?

The deal will likely undergo more bidding rounds and require FCC approval.

Home / Business and Economy / WBD Sale Looms: Hollywood's Elite Gather Amidst Bidding Frenzy

WBD Sale Looms: Hollywood's Elite Gather Amidst Bidding Frenzy

21 Nov

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Summary

Warner Bros. Discovery CEO hosted Hollywood's elite before sale offers.
Paramount, Comcast, and Netflix submitted bids for the media giant.
Potential sale faces FCC approval under President Trump's administration.

WBD Sale Looms: Hollywood's Elite Gather Amidst Bidding Frenzy

Warner Bros. Discovery CEO David Zaslav recently hosted a high-profile gathering of Hollywood luminaries, including Oprah Winfrey and Margot Robbie, amidst the company's impending sale. The evening prior to receiving the first round of offers, moguls discussed upcoming projects, setting aside the significant business discussions that were imminent.

Following this event, Paramount, Comcast, and Netflix reportedly submitted their initial bids for Warner Bros. Discovery. Paramount's potential acquisition by David Ellison, son of Oracle co-founder Larry Ellison, marks a significant move. Comcast could leverage HBO Max to expand Peacock globally, while Netflix has signaled a commitment to theatrical releases if their bid is successful.