Warner Bros. Discovery Is for Sale
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Warner Bros. Discovery is reportedly set to ask potential bidders to sign nondisclosure agreements in the near future.
David Ellison's Paramount Skydance wants to acquire Warner Bros. Discovery, which says it's evaluating multiple options. Here's what a combined Paramount-WBD would look like.
Warner Bros. Discovery is itself a product of a 2022 acquisition, pairing the legendary Warner Bros.’s content library and associated movie and television businesses (including prestige TV streamer HBO Max and cable news channel CNN) with Discovery’s popular reality TV offerings.
Warner Bros. Discovery Inc. expects to begin asking would-be bidders for the film and TV giant to sign nondisclosure agreements as early this week, according to a person familiar with its plans.
The media company said it had begun reviewing strategic alternatives after being approached ab
Netflix Inc and Comcast Corp. are among the companies interested in Warner Bros.’ movie and TV studios, according to people familiar with their thinking who asked not to be identified.
Netflix had another big quarter marred by a tax dispute, but the real question is whether it will buy Warner Bros. Discovery. The answer: probably no.