Warner Bros. Discovery Stock (WBD) News Today: Standard General CNN Talks, Netflix Deal Terms, Paramount Bid Deadline, and Wall Street Forecasts (Dec. 18, 2025)
Warner Bros. Discovery shares traded at $28.21 ahead of Dec. 18, as Reuters reported Standard General is in talks to buy or invest in WBD’s TV networks, including CNN. The company faces a Netflix cash-and-stock deal for streaming and studios assets, and a hostile all-cash tender offer from Paramount Skydance. WBD’s board recommends the Netflix deal, offering $23.25 per share in cash plus $4.50 in Netflix stock.