According to @StockMKTNewz, CNBC reports that Paramount Skydance (PSKY), Comcast (CMCSA), and Netflix (NFLX) have formally submitted takeover offers for Warner Bros. Discovery (WBD) this week; source: CNBC via @StockMKTNewz. The post does not include bid values, deal structure, or regulatory details, indicating only the submission of formal offers is confirmed at this time; source: @StockMKTNewz. For trading, the confirmation of multiple formal bids sets up an event-driven catalyst path for WBD and the named bidders as further CNBC updates or company statements emerge; source: CNBC via @StockMKTNewz.

According to @StockMKTNewz, citing The Wall Street Journal, Paramount (PSKY), Comcast (CMCSA), and Netflix (NFLX) are preparing nonbinding first-round bids for Warner Bros. Discovery (WBD) with an initial submission deadline of Nov. 20, and WBD aims to complete the auction process by year-end (source: The Wall Street Journal via @StockMKTNewz). For traders, these dated milestones create defined event-risk windows for WBD and peer streaming equities, while shifts in U.S. equity risk sentiment around large-cap media M&A can spill over to crypto given the increased stock–BTC correlation documented since 2020 (source: International Monetary Fund).