Warner Bros. Discovery Takeover: A Media Giant Shakeup
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Warner Bros. Discovery stock EXPLODES! Is a Paramount takeover the reason? Shares surged nearly 30% on takeover bid rumors from Paramount Skydance, fueled by potential $4.5B cost savings from a merger. But that's not all: price hikes for HBO Max, a crackdown on password sharing, $20B in debt reduction, and booming streaming profits are all contributing to the media giant's stunning 71% year-to-date growth. Is this just the beginning of a new era for WBD? Hosted on Acast. See acast.com/privacy for more information.