06:00 PM EST, 12/01/2025 (MT Newswires) -- Warner Bros. Discovery ( WBD ) received second-round binding bids, including a largely cash offer from Netflix ( NFLX ) , Bloomberg reported Monday, citing people familiar with the discussions.

Paramount Skydance ( PSKY ) , Comcast ( CMCSA ) , and Netflix ( NFLX ) submitted improved proposals for all or parts of the company, the report said. Netflix ( NFLX ) is arranging a bridge loan for tens of billions of dollars, one of the people said, according to Bloomberg.

Warner Bros. has not deemed the offers final and may consider additional bids, the report said.

Comcast ( CMCSA ) and Netflix ( NFLX ) are targeting the Warner Bros. studios and Max streaming service, while Paramount Skydance ( PSKY ) has made offers for the entire company, the report said.

Warner Bros., Paramount Skydance ( PSKY ), Comcast ( CMCSA ) and Netflix ( NFLX ) did not immediately respond to requests for comment from MT Newswires.

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