The newly formed Paramount Skydance Corporation is rumored to be moving to preemptively acquire Warner Bros. Discovery.NurPhoto via Getty ImagesNearly two months after the merger between Skydance Media LLC and Paramount, the newly formed Paramount Skydance Corporation may be seeking to expand its entertainment empire with a rumored bid for Warner Bros. Discovery (WBD).This news comes on the heels of WBD announcing its plans to separate into two entities - Warner Bros. and Discovery Global - by April 2026, w ...

on news that Paramount Sky Dance is preparing an offer for that company. David Faber joins us now on the CNBC News line. The first person I obviously thought of, David, of having to hear from to get your insight and your take on all this.What do you make of it. Yeah, sorry I wasn't up there with you. A couple of appointments got in the way, but I we can confirm at this point, Scott, that the Wall Street Journal story is uh correct as as is.uh a source close to the situation telling me there is a bid being p ...