Warner Bros. Discovery Weighs Sale Amid Acquisition Interest

Just months after announcing plans to split into two companies, Warner Bros. Discovery is now considering a sale of its entire business. The entertainment conglomerate revealed that it has initiated a review of "strategic alternatives" in light of "unsolicited interest" it has received from multiple parties.

While Warner Bros. Discovery did not disclose the source of this interest, reports suggest that Paramount-owned Skydance has approached the company about a potential majority-cash offer. However, Warner's CEO David Zaslav is said to have initially rebuffed these overtures.

Alongside the sale option, the company is still weighing the previously outlined plan to separate its Warner Bros. and Discovery divisions into two distinct media companies. This split was originally expected to be completed by mid-2026.

Zaslav acknowledged the significant value of Warner Bros. Discovery's portfolio, stating that "it's no surprise that the significant value of our portfolio is receiving increased recognition by others in the market." The company's review of strategic alternatives suggests it may be open to entertaining acquisition offers or pursuing other transformative moves.