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Warner Bros Discovery considers sale as potential buyers show interest

Netflix, Comcast and Paramount Skydance are reportedly among possible bidders in sale that could shake up industryWarner Bros Discovery is considering putting the entire company up for sale, a move that could see huge restructuring in an industry that has seen ripples of changes since Donald Trump took office.The company initially said in June that it would split up Warner Bros and Discovery, after the two companies were merged in 2022. But after receiving “unsolicited interest … from multiple parties for both the entire company and Warner Bros”, according to a statement released on Monday, the entire company could be up for a transaction. The company could also split up Warner Bros and Discovery, selling off Discovery while merging Warner Bros with another company, it said. Continue reading...

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