Warner Bros. Discovery Considers Selling Entire Company, Investors React with 10% Stock Surge

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Hollywood watches closely as Warner Bros. Discovery hints at a possible big sale.

Warner Bros. Discovery might be up for grabs. The company has confirmed that it’s reviewing a possible sale after getting unexpected interest from several buyers. This news comes while the media giant is already working on a plan to split its cable business into a separate company. The announcement immediately caught attention, pushing WBD’s stock up by more than 10%.

CEO David Zaslav said the company is exploring all options to unlock the full value of its business. He added that WBD is still focused on growing its global reach and keeping its studios at the top of the entertainment world. According to Zaslav, the idea of separating Warner Bros. and Discovery Global was already a bold move to make both companies stronger in today’s fast-changing media market.

Reports suggest that David Ellison’s Paramount Skydance, backed by his billionaire father Larry Ellison, could be one of the main players interested in buying WBD. A deal between the two companies could make them strong competitors against big streaming platforms like Netflix and Disney. Experts think that if the two companies join, they could save money, add more shows and movies, and become stronger around the world.

For now, there’s no timeline for the review, and WBD might decide not to sell at all. Still, this open call for buyers could easily start a bidding war, especially for popular parts of the company like HBO.

Hollywood is watching this story closely. If a sale happens, it could definitely be a change in the balance of power in the entertainment world.