Paramount questions ‘fairness and adequacy’ of WBD auction process after reports Netflix may win
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Paramount sent a letter to Warner Bros. Discovery CEO David Zaslav questioning the “fairness and adequacy” of the media giant’s sales process – nodding to reports the media giant is leaning toward a bid from Netflix. Bankers for Paramount Skydance, Comcast and Netflix all reportedly submitted second-round bids to WBD this week to take over some or all of the company’s assets. Netflix has made a mostly cash offer to purchase the Warner Bros. studio and HBO Max, while Paramount has submitted an
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