Warner Bros. Discovery is a global media and entertainment company based in New York City, employing 35,300 people and operating through Studios, Networks, and DTC segments. Its brands include HBO, DC, and Discovery Channel.
WBD has been in the news recently: Benzinga's options scanner identified over 11 transactions involving Warner Bros. Discovery valued at approximately $449,540, while Wells Fargo increased the company's price target to $14 per share, highlighting interest from Netflix. Additionally, Paramount Skydance is reportedly preparing a bid for Warner Bros. Discovery, which saw its shares rise nearly 30% recently amid mixed analyst ratings.
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