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Paramount Skydance , Comcast and Netflix formally submitted takeover offers for Warner Bros. Discovery this week ahead of a deadline for first-round offers, according to people familiar with the matter.

Comcast, the parent company of NBCUniversal, bid solely for the film and streaming assets, which consists of the Warner Bros. studio and HBO Max, the people said. The offer would see NBCUniversal become the parent of the WBD assets, one of the people said, and would not involve a spinout of NBCUniversal as some in the industry had speculated.

Comcast is currently in the process of spinning out its portfolio of cable networks, which includes CNBC, but will ret

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