Warner Bros Discovery and Paramount Skydance share on acquisition report

Warner Bros. found and Paramount Skydance stock soared after reports that Paramount Skydance was preparing to buy a offer from rival studios.

The reported bid will be used throughout the Warner Bros. Discovery business, which includes news networks CNN, HBO and the film studio behind Barbie and Harry Potter.

The deal will mark further integration of the U.S. media industry, which has been significantly reshaped by the rise of streaming and as U.S. media companies face scrutiny from U.S. President Donald Trump’s administration.

Warner Bros. found that he declined to comment. Paramount Skydiving did not respond to a request for comment.

The Wall Street Journal first reported on a potential offer for Paramount skydiving.

The company is led by David Ellison, his father, Oracle co-founder Larry Ellison Become the richest person in the world for a short time This week.

Just a few weeks after completion Paramount Skydance’s own $8 billion (£5.89 billion) mergerin which David Ellison’s independent film studio Skydance bought Paramount, home to the CBS News Network, and hits like Yellowstone.

Mr Ellison also reportedly complies with the plan of the Digital Media Free Press co-founded by Bari Weiss.

Warner Brothers Discovery closed at 29% on Thursday, while Paramount Skydance closed at 16%.

The Wall Street Journal reported that the plan could collapse without submitting a bid.

David Ellison, who has been in the film business since he was in the film business about twenty years ago, eventually earning his own reputation in Hollywood, earning himself as the producer of films such as Top Gun Maverick and World War Z.

His father, an ally of President Donald Trump, briefly surpassed Elon Musk to become the world’s richest man, worth about $380 billion, according to the Bloomberg Billionaire Index.

The supreme takeover also put his son in a political state.

As President Donald Trump faces a lengthy approval process as he allegedly edited in favor of the Democratic interview with CBS.

final Agree to pay $16 million Resolve disputes. The money will be used in the future presidential library.

The settlement does not include a statement of apology or regret.

Democrats called the payment a “bribe,” a charge Paramount denied – and demanded documents on the company’s negotiations.

Warner Bros. found out that Merger in 2022. It has struggled with debt since the deal and has reduced work.

The company said earlier this year Plan to split the businessseparate its streaming brand from the more traditional cable business.