Warner Bros. Discovery Is for Sale
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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.
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Warner Bros. Discovery Contemplates Sale of Entire Company. Here's What That Means for Investors.
Warner Bros. Discovery now has a market cap of $51 billion, but it carries a massive debt burden from AT&T 's acquisition of Time Warner, so its enterprise value, which includes debt, is $85 billion, which is effectively the cost of buying the company at the current stock price.