Criterion licenses Turner Classic Movies (TCM) after launching their streaming service in 2019. According to the Wall Street Journal, the offer was $27.75 per W

Criterion licenses Turner Classic Movies (TCM) after launching their streaming service in 2019. According to the Wall Street Journal, the offer was $27.75 per Warner Discovery, which owns TCM accounting for a $82.7 bn value. Paramount's bid was $30 for Warner Brothers's cable network M&A, seeking lateralise the monopoly. [1]: https://web.archive.org/web/20251205081209/https://www.wsj.com/business/media/warner-bros-discovery-and-netflix-enter-exclusive-deal-negotiations-9ea30a85?mod=hp_lead_pos1 https://web.archive.org/web/20251205081209/https://www.wsj.c...