Rival efforts from Netflix and Paramount could upend the media industry.

The spotlight is on crown jewels HBO, studios, the Warner Bros. film vault and DC Comics – but the fate of Warner Bros. Discovery could rest on the value of its much-maligned cable TV portfolio. Discovery Global Networks,

Versant Media Group, the cable networks spinoff from Comcast, debuted Monday in when-issued trading at a price that values the company’s equity at about $6.5 billion.It’s not easy to draw a firm conclusion about the ultimate trading level for Versant because trading activity is extremely light at under 5,

A hostile bid from Paramount came after Netflix struck a deal with Warner Bros.

Netflix has a deal in place to buy Warner Bros. Discovery’s studio and streaming assets, including HBO/HBO Max, but regulatory hurdles loom.  Param

Netflix announced on Dec. 5 that it has agreed to buy Warner Bros. Discovery in a nearly $83 billion deal that includes the film and TV studio assets of Warner Bros., plus HBO Max and HBO. Warner Bros. plans to spin off its cable networks business to shareholders before the deal closes. Netflix expects the deal to close in 12 to 18 months.

Saturday Night Live” opened this week’s episode with Donald Trump commenting on the battle to buy Warner Bros. Discovery - by asking why anyone would even want to buy the studio: “They’ve got one of the worst studio lot tours in LA,