Warner Bros. Discovery Is for Sale
Digest more
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. Had Bids From Paramount, Report Says. It Rejected All 3. Paramount Skydance’s latest offer to acquire Warner Bros. Discovery has been rejected, according to a report. Last month, there were multiple reports that Paramount Skydance was preparing a takeover bid for Warner Bros.
Warner Bros. Discovery announced the second price increase for HBO Max in 18 months. It comes as the entertainment giant addressed rumors of a sale.
The owner of CNN, HBO and the Warner Bros. movie studio revealed that it has received acquisition interest from multiple suitors.
Warner Bros. Discovery Inc. said it’s considering a possible sale of the company after receiving unsolicited interest from multiple parties. Netflix Inc. and Comcast Corp. are weighing bids for parts of the media and entertainment company,