[Warner Bros. Stage 16, Warner Bros. Studios (Burbank)]

On November 20th, 2025, by EST, the three major players in television, broadcasting, and streaming giants Netflix, Comcast, and Paramount submitted a joint bid for Warner Bros. Discovery, with each company outlining a distinct approach to the  acquisition.

The targeted company is a Hollywood giant that has been standing for over 102 years in the media industry. 

Warner Bros. Discovery holds an extensive portfolio of more than a dozen franchises, including the Lord of The Rings Series(LoTR), the Wizarding World (Harry Potter), DC Universe, Mad Max, and the Monsterverse. 

For platforms and streaming services, they own brands such as HBO Max, CNN, and Cartoon Network.

Within the cinema industries, Warner Bros. moderated on subsidiaries such as Warner Brothers Pictures and New Line Cinema, big Hollywood production and distributor corporations.

Comcast expressed interest in acquiring intellectual properties of prominent superhero franchises such as Batman and Superman to expand its influence over the theater industry, as well as streaming services like HBO Max to further enhance its own, yet comparably weaker competitor, Peacock.

Netflix, on the other hand, illustrated endeavors to merge, especially on the streaming services and movie libraries Warner owns in a scheme to entrench its home-viewing empire deeper down through acquiring stable franchised-films and series such as LoTR and the Wizarding World.

For Netflix’s offer, chief executive of Warner Bros. David Zaslav has reportedly shown enthusiasm towards the potentially-made bid during a dinner Party on the 19th of his Beverly Hills residency.

Paramount, more astutely than the other two companies, had submitted several bids on the entirety of Warner Bros. Discovery to use the colossal level expansion on its cable, theater, and streaming capabilities as a formula to bring consensus from their shareholders. 

Although there has been no official declaration, Paramount’s bid support coming from Larry Elison, Oracle’s co-founder and a ranked billionaire in the world, puts Paramount into an impression as a leading competitor.

Apparent conclusions to the bid taker haven’t been made due to several environmental factors.

The current trifecta between the media giants could not escape the political endeavors of the Trump Administration of the plans putting “America first” throughout all media.

Leaders of such companies also having a plus or a minus on affairs with Trump seem to hinder how bid proposals will legally be executed as David Ellison, CEO of Paramount Skydance, has been praised by Trump while Brian Roberts, chief executive of Comcast, was commented on as a “disgrace” for the broadcasting industry by the same figure.

The prologuing plan of Warner Brothers to diverge itself to two companies cannot be overlooked either.

Their June 9th announcement of a two-company path for Warner Bros. Discovery aimed to divide the studios and streaming aspect and the news and sports content from the totality.

The mid-2026 foreseen path embarks  as a precedent action before all of the bids, as if none of the bids come into binding force, the company itself will disperse into the market, restraining media and intellectual property monopoly.

Amidst the fluid rumble in the media industry, fans of franchises are becoming concerned about the potential delays that the bids’ compromises on franchise and brand rights might bring.

As the bids get entangled against themselves, politics, and the firm that they wish to engulf, there remains no space but the wonder of who will grasp the finale to the trifecta trilogy.