What is Comcast's interest in Warner Bros. Discovery?

Comcast is closely monitoring the media landscape and sees potential in acquiring Warner Bros. Discovery's streaming and studio assets, should the company proceed with its planned spinoff.

What is Comcast's approach to M&A deals?

Comcast maintains a "high bar" for potential acquisitions, and will only pursue deals that truly add value to its existing portfolio and strategies, rather than engaging in M&A for the sake of it.

Home / Business and Economy / Comcast Eyeing Warner Bros. Discovery Amid Paramount Layoffs

Comcast Eyeing Warner Bros. Discovery Amid Paramount Layoffs

Q: How is Paramount impacted by the current changes?

Paramount, a subsidiary of Paramount Global, is undergoing significant changes, including layoffs and the cancellation of several streaming shows, as well as an overhaul of its Saturday morning programming.

30 Oct

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Summary

Comcast interested in M&A deals, but has "high bar" for acquisitions
Paramount cancels streaming shows, plans overhaul of Saturday morning programming
Comcast sees potential in WBD's streaming and studio assets post-spinoff

Comcast Eyeing Warner Bros. Discovery Amid Paramount Layoffs

On October 30th, 2025, Comcast's co-CEO Mike Cavanagh revealed that the company is closely monitoring the media landscape for potential acquisition targets, but maintains a "high bar" for any deals. This comes as Paramount, a subsidiary of Comcast's rival Paramount Global, is undergoing significant changes, including layoffs and the cancellation of several streaming shows.

Cavanagh hinted that Comcast is particularly interested in Warner Bros. Discovery's (WBD) streaming and studio assets, should the company proceed with its planned spinoff. He noted that with NBC, theme parks, and Peacock remaining as Comcast's core media businesses, any potential acquisitions would need to complement these existing operations.