The Arts Insurance Program, LLC

Paramount, Comcast, and Netflix have all placed bids for part or all of Warner Bros. Discovery on Thursday. This marks the beginning of a process that could lead to the company being acquired by a new buyer, whether in whole or in part.

Paramount, Comcast and Netflix Make Official Bids for Warner Bros. Discovery as High-Stakes Fight for the Company Begins The first-round bids were nonbinding, with things likely to evolve over the coming weeks. It was not immediately clear if Saudi Arabia or other Middle Eastern funds were involved in any bid.