Why Paramount is now saying the TV networks it wants to buy from WBD are worth $0.00 per share

Paramount Skydance just said Warner Bros. Discovery's TV assets are worth nothing, even though it wants to buy them.
Mercury News

Netflix, Comcast and Paramount make bids for Warner Bros.

(Bloomberg/Thomas Buckley, Kelcee Griffis and Hannah Miller) — Netflix Inc., Comcast Corp. and Paramount Skydance Corp. all submitted bids for Warner Bros. Discovery Inc., according to people with ...
Variety

Warner Bros. Discovery Sale: Company Set to Review First-Round Acquisition Bids From Paramount, Comcast, Netflix

Warner Bros. Discovery is about to dive into the nitty-gritty work of deciding whether to sell itself — in whole or in part. The media conglomerate, home to Warner Bros., HBO and HBO Max, CNN, TBS, ...
Hosted on MSN

Warner Bros. auction poised to recast Hollywood with Paramount, Comcast and Netflix vying for the prize

Now, the real jockeying begins for the future of Warner Bros. Discovery. Paramount, Comcast and Netflix are each expected to submit proposals for all or parts of the storied media giant by ...
MediaPost

Comcast Look-And-See WBD Bid: Nothing To See Here?

While Paramount battles Netflix for supremacy over Warner Bros. buyout proposals, we wonder about other media companies' prospects going forward -- Comcast Corp. in particular. Comcast did make ...