Communications-services companies ticked as deal intrigue continued to swirl around the sector.
Warner Bros Discovery added to recent gains as the Hollywood studio was set to benefit from a bidding war.
Paramount Skydance's hostile takeover offer for its crosstown rival makes strategic sense, but comes with significant risk, said analysts at credit-ratings agency Moody's Ratings. Paramount is battling for relevance in the future of the entertainment industry, analysts say, with the addition of Warner its best hope of taking on the leading streaming services, Netflix and Disney+.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
12-09-25 1734ET



















