Warner Bros. Discovery has signaled that it may be open to a sale of its business just months after announcing plans to split into two companies.
In an announcement Tuesday, the entertainment giant said it had initiated a review of “strategic alternatives” in light of “unsolicited interest” it had received from “multiple parties” for both the entire company and Warner Bros specifically.
“Through this process, the Warner Bros. Discovery Board will evaluate a broad range of strategic options, which will include continuing to advance the Company’s planned separation to completion by mid-2026, a transaction for the entire company, or separate transactions for its Warner Bros. and/or Discovery Global businesses,” it said.
This is a developing story. Please check back for updates.