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Warner Bros. Discovery Faces Bidding War as Malone Warns

11/14/2025

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Summary

Story summary

John Malone, outgoing chairman of Liberty Media, says Warner Bros. Discovery has multiple bidders.
Paramount aims to buy the entire company, while Netflix and Comcast focus on streaming and studios.
Malone warned that unexpected bids from Paramount could disrupt WBD's planned two-company split.
He also criticized CNN's perceived liberal bias, which has drawn backlash.
The formal bidding process begins with a non-binding deadline of November 20, 2025.

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Story summary

John Malone, outgoing chairman of Liberty Media, says Warner Bros. Discovery has multiple bidders.
Paramount aims to buy the entire company, while Netflix and Comcast focus on streaming and studios.
Malone warned that unexpected bids from Paramount could disrupt WBD's planned two-company split.
He also criticized CNN's perceived liberal bias, which has drawn backlash.
The formal bidding process begins with a non-binding deadline of November 20, 2025.