Warner Bros. Discovery, owner of HBO, CNN and other media assets, says it is up for sale

CNN In Flux as Warner Bros. Discovery Mulls Sale: ‘People Want This Phase to Be Over’

Just days after David Zaslav took the reins of a newly merged Warner Bros. Discovery in April 2022, the chief executive shuttered CNN+, a $300 million streaming subscription service that barely got off the ground. Now, as the network prepares for next week’s launch of its streaming successor, “All Access,” Zaslav dropped more big news on staffers: WBD is for sale. Launching yet another streaming service amid another possible deal marks the lates…

Who could own CNN next if Warner Bros. Discovery sells up?

Warner Bros Discovery, the parent company of CNN and HBO, announced that it’s open to a sale, leaving its news and streaming subsidiaries’ futures uncertain.

Media giants are reportedly circling Warner Bros. Discovery and its assets

NEW YORK — Warner Bros. Discovery — the home of HBO, CNN and DC Studios — has signaled that it may be open to selling all or parts of its business, just months after announcing plans to split into two companies.

Warner Bros Discovery rejects Paramount offer, considers full sale amid media shakeup

WASHINGTON: Warner Bros Discovery said on Tuesday (Oct 21) that its board had rejected a buyout offer from Paramount Skydance valued at nearly US$60 billion, as the media giant wei

Warner Brothers confirms it's considering a sale after 'unsolicited interest from multiple parties,' stock soars over 11%

"It's no surprise that the significant value of our portfolio is receiving increased recognition by others in the market," CEO David Zaslav said.

Warner Bros. Discovery May Have ‘Multiple Parties’ Interested in Buying It, but Paramount Remains the Most Realistic Option

Did things just get more interesting in the Warner Bros. Discovery succession race… or less interesting? On Tuesday, WBD announced in a lengthy statement that it was reviewing purchase offers from “multiple parties for both the entire company and Warner Bros.” We knew Warner Bros. was potentially for sale and that Paramount/Skydance was seriously prepping its own offer. There were even rumors that someone like Netflix was interested in making a …