Warner Bros. Fight Hinges on Value of Shrinking Cable Assets

Although Netflix Inc. and Paramount Skydance have wagered competing bids for Warner Bros. Discovery Inc., Paramount’s offer includes the struggling cable TV networks, while Netflix’s offer does not include these assets. The value of the faltering cable TV networks like CNN, TNT and Discovery — among the TV industry’s least-coveted properties today — is much of what separates Paramount’s hostile takeover bid from Netflix’s friendly offer. Bloomberg’s Hannah Miller joined Carol Massar and Tim Stenovec on ‘Bloomberg Businessweek Daily’ to break it all down. (Source: Bloomberg)