"Among a great deal else, Warner Bros. owns all of DC, including its movies, TV shows and comics, and the many video game spin-offs including the Arkham Batman games. Then it has everything Harry Potter and Hogwarts, as well as all of the enormously popular Lego games. Which is to say, along with being a massive movie studio and streamer (it also owns HBO), it's a very significant player in the world of video games."
"with Deadline reporting last week that the plan was to swoop in and pick up the entire media corporation before current Warner boss David Zaslav splits the company in half. Motivated by the Trump-controlled FCC's allowance of the merger with Skydance, Paramount seems to believe it can bypass concerns of monopolies once more and take over Bugs Bunny's business in just six months."
Paramount pursued an acquisition of Warner Bros. Discovery after its recent Skydance merger. Warner controls major franchises including DC, Harry Potter, Lego games, HBO, and significant video-game properties, making it a high-value target. An initial offer around $20 per share was rebuffed by Warner, which is seeking approximately $30 per share. Reported potential offers ranged between $22 and $24 per share. Warner's current share price sits near $17.10, leaving a substantial gap between market valuation and the price Warner expects. The initial approach was rebuffed as too low.
Read at Kotaku
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