{"id":22751,"date":"2025-11-02T17:45:11","date_gmt":"2025-11-02T17:45:11","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/11\/02\/warner-bros-discovery-chief-david-zaslav-wants-higher-bid-turns-down-paramounts-offer-report-business-news\/"},"modified":"2025-11-02T17:45:11","modified_gmt":"2025-11-02T17:45:11","slug":"warner-bros-discovery-chief-david-zaslav-wants-higher-bid-turns-down-paramounts-offer-report-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/11\/02\/warner-bros-discovery-chief-david-zaslav-wants-higher-bid-turns-down-paramounts-offer-report-business-news\/","title":{"rendered":"Warner Bros Discovery Chief David Zaslav Wants Higher Bid, Turns Down Paramount&#8217;s Offer: Report | Business News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9668229\">\n<p><span class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">Last Updated:<\/span><time class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">October 30, 2025, 09:53 IST<\/time><\/p>\n<h2 id=\"asubttl-9668229\" class=\"jsx-c9f81425ec968c48 jsx-370782550 asubttl-schema\">Warner Bros Discovery rejected three Paramount Skydance bids, seeks higher offers, CEO David Zaslav told employees.<\/h2>\n<div class=\"jsx-cc1b15cf85effb8b artsharwrp\"><a href=\"https:\/\/news18.co\/gnps-en-btn\" target=\"_blank\" class=\"jsx-91f4da8d48c13a79 gglebtn bgylw\"\/><\/p>\n<div id=\"artshare\" class=\"jsx-cc1b15cf85effb8b artshare\">\n<div class=\"jsx-cc1b15cf85effb8b stickdiv\">\n<div class=\"jsx-cc1b15cf85effb8b deskwrapstkdiv\">\n<div class=\"jsx-cc1b15cf85effb8b fontchange\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/font.svg\" height=\"30px\" width=\"30px\" alt=\"font\" title=\"font\" class=\"jsx-cc1b15cf85effb8b lazyload\"\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-370782550\">\n<figure class=\"jsx-c9f81425ec968c48 jsx-370782550 amimg\"><img decoding=\"async\" alt=\"WBD's current restructuring plan, spearheaded by CEO David Zaslav, involves splitting the company into two units.\" title=\"WBD's current restructuring plan, spearheaded by CEO David Zaslav, involves splitting the company into two units.\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-c9f81425ec968c48 jsx-370782550\"\/><\/p>\n<p>WBD&#8217;s current restructuring plan, spearheaded by CEO David Zaslav, involves splitting the company into two units.<\/p>\n<\/figure>\n<\/div>\n<p id=\"0\" class=\"story_para_0\"><strong>Paramount-Warner Bros Merger:<\/strong> Warner Bros Discovery Inc., global entertainment and media behemoth, seeks a higher bid for the sale of the company, CEO David Zaslav said in a town hall meeting for employees, according to a report of Bloomberg. The board of Warner Bros Discovery had already rejected three bids from Paramount Skydance Corp, the Bloomberg report added.<\/p>\n<p id=\"1\" class=\"story_para_1\">Warner Bros. Discovery is a global entertainment powerhouse known for its extensive portfolio spanning film, television, news, sports, and streaming. Formed through the merger of WarnerMedia and Discovery Inc., the company owns major brands like HBO, CNN, DC Studios, Cartoon Network, and Discovery Channel.<\/p>\n<p id=\"2\" class=\"story_para_2\">The last bid that Paramount put to acquire Warner Bros. was for $23.50 per share.<\/p>\n<p id=\"3\" class=\"story_para_3\">Last week, Zaslav hinted that Warner Bros is exploring options to sell the company or at least parts of the business.<\/p>\n<p id=\"4\" class=\"story_para_4\">Zaslav added that the potential bidders included Apple and Amazon, while he spoke over 100 of his senior leaders last week, as per Bloomberg report.<\/p>\n<p id=\"5\" class=\"story_para_5\">In case, Warner Bros fails to sell its business, then the company would consider spinning off the struggling cable-TV channels from the fast-growing studios and streaming business next year.<\/p>\n<p id=\"6\" class=\"story_para_6\">Ellison, son of billionaire Larry Ellison, assumed control of Paramount \u2014 the parent company of CBS, Nickelodeon, MTV, and the Paramount Pictures studio \u2014 in August following the completion of an $8 billion merger with his production firm, Skydance Media.<\/p>\n<p id=\"7\" class=\"story_para_7\">Warner Bros rejected the initial bid of Paramount at $20 per share.<\/p>\n<p id=\"8\" class=\"story_para_8\">Shares of Warner Bros Discovery Inc surged 9 per cent in the last one month over the possibility of an acquisition deal with Paramount Skydance Inc.<\/p>\n<div class=\"jsx-95088aad1b3c53cd atawrap\">\n<div class=\"jsx-95088aad1b3c53cd atadetailwrp\">\n<div class=\"jsx-95088aad1b3c53cd ataname\"><span class=\"jsx-95088aad1b3c53cd atthumb\"><\/p>\n<figure class=\"jsx-95088aad1b3c53cd\"><img decoding=\"async\" alt=\"Varun Yadav\" title=\"Varun Yadav\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2025\/02\/WhatsApp-Image-2025-02-11-at-14.38.33-2025-02-47cdd4fd31681cc3efe5087cb8bd1418.jpeg?impolicy=website&amp;width=60&amp;height=60\" class=\"jsx-95088aad1b3c53cd\"\/><\/figure>\n<p><\/span><\/p>\n<div class=\"jsx-95088aad1b3c53cd attitle\"><a href=\"https:\/\/www.news18.com\/byline\/varun-yadav-28203.html\" class=\"jsx-95088aad1b3c53cd atamail\">Varun Yadav<\/a><\/p>\n<p>Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst&#8230;<span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<p>Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst&#8230;<!-- --> <span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-370782550 artcta\"><a href=\"https:\/\/news18.co\/n18egpab\" target=\"_blank\" rel=\"noopener noreferrer\">Follow News18 on Google<\/a>. Join the fun, play <a href=\"https:\/\/www.news18.com\/games\/\">QIK games on News18<\/a>. Stay updated with all the latest business news, including <a href=\"https:\/\/www.news18.com\/business\/markets\/\">market trends<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/topics\/stocks-to-watch\/\">stock updates<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/business\/tax\/\">tax<\/a>, IPO,\u00a0<a href=\"https:\/\/www.news18.com\/business\/banking-finance\/\">banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also <span data-olk-copy-source=\"MessageBody\">Download the\u00a0<a href=\"https:\/\/onelink.to\/eng-article-eop\">News18 App<\/a> to stay updated.<\/span><\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-370782550 atbtlink fp\"><span>First Published:<\/span><\/p>\n<div class=\"rs\">\n<p>October 30, 2025, 09:53 IST<\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-370782550 brdcrmb\"><a href=\"https:\/\/www.news18.com\/\">News<\/a>  <a href=\"https:\/\/www.news18.com\/business\/\">business<\/a>  <span class=\"brdout\"> Warner Bros Discovery Chief David Zaslav Wants Higher Bid, Turns Down Paramount&#8217;s Offer: Report<\/span><\/div>\n<div id=\"coral-wrap\" class=\"jsx-ba4d8f086a12294f \">\n<div class=\"jsx-ba4d8f086a12294f coral-cont\">\n<div class=\"jsx-ba4d8f086a12294f coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-c9f81425ec968c48 jsx-370782550 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/warner-bros-discovery-chief-david-zaslav-wants-higher-bid-turns-down-paramounts-offer-report-ws-l-9668229.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:October 30, 2025, 09:53 IST Warner Bros Discovery rejected three Paramount Skydance bids, seeks higher offers, CEO David Zaslav told employees. WBD&#8217;s current restructuring plan, spearheaded by CEO David Zaslav, involves splitting the company into two units. Paramount-Warner Bros Merger: Warner Bros Discovery Inc., global entertainment and media behemoth, seeks a higher bid for&#8230;<\/p>\n","protected":false},"author":1,"featured_media":19900,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-22751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/22751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=22751"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/22751\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/19900"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=22751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=22751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=22751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}