Paramount Plans Bid for Warner Bros. Discovery

David Ellison, the media mogul who took over Paramount just last month, has already set his sights on another blockbuster deal: He wants to buy Warner Bros. Discovery. Mr. Ellison is planning a bid for the company, which owns HBO, CNN and the Warner Bros. movie studio, according to three people with knowledge of the plans.

Source: Paramount Plans Bid for Warner Bros. Discovery

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