ByTy Roush,
Forbes Staff.
Warner Bros. Discovery on Tuesday announced it would consider selling the company after receiving interest from “multiple parties,” following reported interest in recent weeks from Paramount Skydance—backed by the billionaire Ellison Family—and Netflix.
Warner Bros. Discovery, in a press release Tuesday, said it would launch a “review of strategic alternatives to maximize shareholder value” after receiving “unsolicited interest” from “multiple parties” for both the entire company and Warner Bros.
This is a developing story.
