According to @StockMKTNewz, CNBC reports that Paramount Skydance (PSKY), Comcast (CMCSA), and Netflix (NFLX) have formally submitted takeover offers for Warner Bros. Discovery (WBD) this week; source: CNBC via @StockMKTNewz. The post does not include bid values, deal structure, or regulatory details, indicating only the submission of formal offers is confirmed at this time; source: @StockMKTNewz. For trading, the confirmation of multiple formal bids sets up an event-driven catalyst path for WBD and the named bidders as further CNBC updates or company statements emerge; source: CNBC via @StockMKTNewz.

According to @StockMKTNewz, citing CNBC, Paramount Skydance is considering a $22 to $24 per-share bid for Warner Bros. Discovery (WBD), per CNBC, and CNBC did not mention any direct crypto market impact.

According to @StockMKTNewz, Warner Bros. Discovery WBD jumped about 35% after a CNBC report stated Paramount Skydance PSKY is preparing a takeover bid, per CNBC. For cross-asset traders, Bitcoin’s correlation with U.S. equities tends to rise during risk-on episodes, a dynamic documented by Kaiko Research that keeps BTC and ETH in focus when large-cap stocks rally on deal headlines, per Kaiko Research.