Paramount Global (PARA, PARAA) could receive a new offer, this time from Edgar Bronfman Jr., current chairperson of FuboTV (FUBO) and former CEO of Warner Music Group (WMG). Bronfman is preparing a bid for both Paramount and its parent company National Amusements, according to a report from the Wall Street Journal.

Morning Brief Anchors Brad Smith and Seana Smith break down the latest development for Paramount and what it could mean for the company moving forward.

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This post was written by Nicholas Jacobino