Paramount Skydance Corporation Considering a Bid to Acquire Warner Bros. Discovery (WBD)

​Warner Bros. Discovery, Inc. (NASDAQ:WBD) is one of the Best Long Term Stocks to Buy Under $50. On September 19, Forbes reported that Paramount Skydance Corporation is considering a bid to acquire Warner Bros. Discovery, Inc. (NASDAQ:WBD). Paramount Skydance Corporation was recently formed by the merger of Skydance Media and Paramount.

​This move follows the announcement by Warner Bros. Discovery, Inc. (NASDAQ:WBD) to split into two separate companies, Warner Bros. and Discovery Global, by April 2026. Analysts believe that acquiring Warner Bros. Discovery, Inc. (NASDAQ:WBD) before the split could be cheaper than bidding for the spun-off assets later, especially against competitors like Netflix and Amazon.

​However, there are some challenges, such as the Department of Justice previously scrutinizing the Paramount-Skydance merger over monopoly concerns, which could resurface with this potential acquisition. This is because the combined company would control a vast range of content and distribution channels, including streaming services, cable, and broadcast networks such as CBS and CNN. The Federal Trade Commission may also challenge the deal for creating a dominant broadcast empire.

​Warner Bros. Discovery, Inc. (NASDAQ:WBD) is a global media company that creates and distributes content across TV, film, streaming, and gaming.

While we acknowledge the potential of WBD to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WBD and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.