Warner Bros. Discovery Second Round Bids Due Dec. 1

Warner Bros. Discovery Second Round Bids Due Dec. 1

November 25, 2025 / Nathan Pine /


Warner Bros. Discovery has asked bidders to submit a sweetened second round of offers by Monday, Dec. 1, Deadline has confirmed.

The media giant led by CEO David Zaslav has been sitting on the first round of non-binding bids since Nov. 20. As reported, Paramount Skydance is offering to buy the entire company, while Netflix and Comcast are looking to acquire the Warner Bros. Studios and streaming assets, namely HBO Max.

WBD has indicated that it believes the sale process can be concluded by late December, although the transaction may require at least a year to be cleared by regulators.

Bloomberg first reported the new deadline.

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Nathan Pine

I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.

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