David Zaslav, CEO of Warner Bros. Discovery, speaks to the media as he arrives at Sun Valley Lodge for the Allen & Company Sun Valley Conference July 8, 2025 in Sun Valley, Idaho.
Kevin Dietsch | Getty Images News | Getty Images
Discovery Warner Bros. rejected three Paramount Skydance buyout offers as it attracts widespread interest, CNBC’s David Faber reported Wednesday, citing sources.
Paramount’s latest offer was just under $24 per share and was 80% cash, according to Faber, who previously indicated an offer could be between $22 and $24 per share.
WBD said Tuesday it had received “unsolicited interest” from multiple parties and would expand its strategic review process to consider all offers. At the same time, the company is moving forward with its previously announced plan to split into two entities: a streaming and studios business and a global networks business.
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