According to @CNBC, Warner Bros. Discovery (WBD) shareholders are weighing a takeover offer from Paramount Global (PARA), creating headline-driven event risk that can increase gap volatility and intraday swings in WBD and PARA until definitive terms are published. Source: CNBC. The CNBC post does not disclose offer price, consideration mix, or regulatory path in the tweet, so traders should wait for company announcements or filings before sizing positions and use options implied volatility and spreads to gauge risk. Source: CNBC. Cross-asset sentiment can react to large-cap media M&A headlines; crypto desks may monitor BTC and ETH during U.S. cash hours for correlation moves following this CNBC-flagged catalyst. Source: CNBC.

According to @KobeissiLetter, President Trump publicly called for CNN to be sold on December 10, 2025, creating a headline that traders may monitor for potential market responses, source: @KobeissiLetter. CNN is owned by Warner Bros. Discovery (WBD), making WBD the primary equity with direct exposure to any discourse around a potential sale, source: Warner Bros. Discovery 2023 Form 10-K and corporate information. Crypto traders should also watch risk sentiment because Bitcoin (BTC) has shown periods of positive correlation with U.S. equities during macro news cycles, which can transmit headline risk across assets, source: Kaiko research on BTC–equity correlations (2022–2024). Near term, monitor WBD price and options implied volatility alongside BTC and ETH spot and derivatives flows for any reaction to the headline, source: @KobeissiLetter; Kaiko.

According to @StockMKTNewz, Bloomberg reports that money manager Mario Gabelli said it is highly likely he will tender his clients' Warner Bros. Discovery WBD shares to Paramount Skydance PSKY to spark a bidding war for the film and TV company, per Bloomberg. This statement highlights potential competitive deal interest centered on WBD and PSKY that traders may watch for headline-driven moves, as reported by Bloomberg. The report focuses on traditional media M&A and does not cite any direct cryptocurrency market impact, per Bloomberg.

According to @StockMKTNewz, a hypothetical merger of Netflix (NFLX) and Warner Bros. Discovery (WBD) would control about 14% of U.S. TV screen share, compared with about 13% for YouTube and about 11% for Disney (source: @StockMKTNewz). The source describes the combined entity as the new leaders of the U.S. TV screen market on viewing share metrics, highlighting competitive positioning versus YouTube and Disney for investor benchmarking (source: @StockMKTNewz). The post does not cite any direct cryptocurrency market implications or specific digital asset references (source: @StockMKTNewz).

According to @CNBC, Morning Squawk flags three premarket catalysts: Paramount’s hostile bid for Warner Bros. Discovery, Meta’s AI course correction, and McDonald’s value crackdown, setting the tone for event-driven trading before the open; source: CNBC Morning Squawk tweet on Dec 9, 2025. For merger-arbitrage and media sector flows, traders can use the CNBC item to focus on Paramount PARA and Warner Bros. Discovery WBD for spread volatility, news-driven halts, and communications services breadth via XLC at the open; source: CNBC Morning Squawk tweet on Dec 9, 2025. For AI-linked risk, the CNBC Meta headline supports monitoring META leadership versus AI-exposed peers and gauging sentiment spillover that can influence BTC and ETH during tech-led sessions; source: CNBC Morning Squawk tweet on Dec 9, 2025. For consumer pricing dynamics, the CNBC McDonald’s note guides attention to MCD and quick-service peers for pricing and traffic updates that can drive defensive rotation and indirectly affect crypto risk appetite; source: CNBC Morning Squawk tweet on Dec 9, 2025. Actionables: set alerts on PARA, WBD, META, MCD, track XLC, XLY versus XLP, and watch BTC and ETH correlation with Nasdaq futures around the cash open framed by CNBC’s rundown; source: CNBC Morning Squawk tweet on Dec 9, 2025.

According to @StockMKTNewz, CNBC reports Netflix has reached a cash-and-stock deal to acquire parts of Warner Bros. Discovery, valuing WBD at 27.75 dollars per share and including the film studio and HBO Max. Source: @StockMKTNewz; CNBC. For trading, 27.75 dollars is the provisional takeout reference; monitor WBD’s spot price versus 27.75 to gauge the merger-arbitrage spread and implied completion risk. Source: @StockMKTNewz; U.S. SEC Investor.gov guidance on M&A risks. Watch NFLX for deal-adjusted volatility and potential Nasdaq 100 spillover that can sway broader tech risk tone. Source: Nasdaq. Crypto angle: equity risk-on or risk-off from large-cap tech M&A can feed into BTC and ETH as crypto–stock correlations have risen since 2020. Source: International Monetary Fund. Traders should look for official press releases and Form 8-K filings from the companies to confirm a material definitive agreement before sizing positions. Source: U.S. SEC Form 8-K rules.

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).

According to @StockMKTNewz, citing CNBC, Paramount Skydance is considering a $22 to $24 per-share bid for Warner Bros. Discovery (WBD), per CNBC, and CNBC did not mention any direct crypto market impact.