In a surprising move, one of Disney’s top executives appears to have poked Warner Bros. Discovery and Comcast for their impending assets split, while confirming the company isn’t interested in WBD.

Netflix, Paramount and Comcast submitted bids to acquire the Hollywood colossus, which owns the Warner Bros. movie studio, HBO, and cable networks like CNN and TNT, four people with knowledge of the proposals said. The outcome of the sale could alter the trajectory of the entertainment business.

The first round of non-binding bids for all or part of the media giant were due Thursday, with a final decision expected to be made around Christmas

Elizabeth Warren, Bernie Sanders and Richard Blumenthal wrote in a letter that any deal for WBD could create a company that "would have even more market power than the current companies to raise consumers' television costs.

Republican Kansas Sen. Roger Marshall sent a Monday letter to the Department of Justice (DOJ) and the Federal Trade Commission (FTC) sounding the alarm on what he called “significant” concerns over Netflix reportedly weighing a bid to purchase Warner Bros.

Warner Bros. Discovery faces a bidding war with multiple suitors, including the Saudi PIF. The deal could be sealed by Christmas 2025 amid ongoing negotiations.

Saudi Arabia’s Public Investment Fund is reportedly preparing to join forces with Comcast in a major bid for Warner Bros. Discovery, potentially shaking up one of the biggest media acquisitions in years.

Get ready for a bidding war, as three of the world’s biggest media companies go toe-to-toe for the rights to Harry Potter and Batman.