Comment by unit149

Criterion licenses Turner Classic Movies (TCM) after launching their streaming service in 2019. According to the Wall Street Journal, the offer was $27.75 per Warner Discovery, which owns TCM accounting for a $82.7 bn value. Paramount's bid was $30 for Warner Brothers's cable network M&A, seeking lateralise the monopoly.

[1]: https://web.archive.org/web/20251205081209/https://www.wsj.c...