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Owner of TVN and HBO for sale. Three giants submitted offers

2025-11-21 19:22

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2025-11-21 19:22

Paramount Skydance, Netflix and Comcast have submitted offers to take over WarnerBros. Discovery, owner of, among others, HBO, CNN and TVN – reported, among others, on Thursday. Reuters and the New York Post. The US administration is said to favor the first company, owned by the son of billionaire Larry Ellison, who is allied with Donald Trump.

Owner of TVN and HBO for sale. Three giants submitted offers
Owner of TVN and HBO for sale. Three giants submitted offers
photo: Oscity / / Shutterstock

According to the New York Post, offers to take over WBD were received on Thursday before noon. These reports were also confirmed by Reuters and the New York Times. Paramount Skydance – owner, among others CBS television – was to make an offer to purchase the entire conglomerate, while Netflix and Comcast (owner of, among others, NBC television) – only part of the company containing film and television studios and streaming platforms (HBO Max), without television channels belonging to WBD, such as CNN, TNT and the Polish TVN. Previously, Amazon was also mentioned among potential buyers.

As assessed by the New York Times, each variant of the transaction will lead to great reshuffles in the media and entertainment marketleading to the merger of the largest television channels, film studios and streaming platforms. According to the daily, in recent days each of the concerns presented the heads of WBD with a presentation showing the advantages of their offer.

The New York Post estimates that the favorite is Paramount Skydance, a company run by David Ellison, the son of Trump-allied Oracle founder Larry Ellison. According to the tabloid, this variant is favored by the White House, which will decide whether to approve the transaction. The newspaper writes that the offers of Comcast – whose CEO Brian Roberts is in conflict with Trump – and Netflix may encounter legal obstacles due to antitrust regulations. These offers may also be unfavorable for WBD for tax reasons.

Ellison's company Skydance acquired Paramount Global earlier this yearthe owner of, among others, film studio, CBS television and the Paramount + streaming platform. Approval for this transaction was granted after the company's management board agreed to enter into a court settlement with Trump and pay $16 million to his foundation. Trump's lawsuit alleged unfair editing of Kamala Harris' interview with CBS during the election campaign, and the payment of money was considered by critics to be a bribe to agree to the deal.

After the acquisition by Skydance, changes were introduced at CBS, including: by hiring conservative publicist Bari Weiss as the television's editor-in-chief and promising to get rid of the “left-wing tilt” in the channel's lineup.

The head of WBD, David Zaslav, informed in October that the company was considering offers to purchase the entire concern or part of it. The media previously reported that he had already rejected two offers for Paramount Skydance because the price was too low. According to the New York Post, the winning bid will be less than $30 per share. On Friday, the WBD share price hovers around $23.50.

From Washington Oskar Górzyński (PAP)

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Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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