Comcast Emerges as Paramount Rival in Warner Bros. Deal

In a potential $60 billion media shake-up, Comcast could enter the fray to compete with Paramount Skydance to acquire Warner Bros. Discovery.

The cable TV giant might soon jump into the mix, the New York Post reported Tuesday, citing sources close to Paramount Skydance.

Insiders said Comcast, headed by Chair Brian Roberts, is spinning off its cable TV properties into a separate company called Versant.