Reported about 10 hours ago
Warner Bros. Discovery is considering a sale after receiving interest from several potential buyers, including Paramount Skydance and Comcast. The company is reviewing strategic alternatives, which may lead to either a complete sale, a continuation of plans to split the company into two separate entities, or other outcomes. This comes as the CEO, David Zaslav, believes that a split could increase the companies' value. Shares of WBD rose significantly following the announcement.
Source: YAHOO