Amid swirling reports of bidding interest by Paramount Global, the WBD board of directors says is it “has initiated a review ...
Warner Bros. Discovery, the owner of HBO, CNN and other streaming and studio businesses, said Tuesday it is putting itself up ...
The Warner Bros. Discovery stock price increased by a further 11% this morning, meaning the company is now valued at $50 ...
Warner Bros. Discovery — the home of HBO, CNN and DC Studios — has signaled that it may be open to selling all or parts of ...
Warner Bros. Discovery, the parent of CNN, says it has received “multiple” expressions of interest from potential buyers, indicating that Paramount Skydance is not the only suitor for the media ...
The Larry Ellison family wants to buy Warner Bros. Discovery to bulk up Paramount, the smallest of the major media companies, but the two sides haven't yet agreed on a price.
Ellison telegraphed the scale of his planned reductions before he even had control of the company — the part where he and his even-richer dad (Oracle founder Larry Ellison) also conquer and downsize ...
A sale or a split of the company would mark one of the most consequential reshaping moments in the media industry.
The move comes weeks after Paramount, owned by billionaire Larry Ellison and his family, approached Warner Bros. Discovery to buy the entire company.