October 22, 2025

Warner Bros. Discovery is cooking up a surprise in the media world! Just a few months after announcing plans to split into two separate companies, the entertainment giant is now open to selling the whole business. On Tuesday, the company said it started looking at "strategic alternatives" after getting "unsolicited interest" from several groups. They didn't say who exactly was interested, but whispers in the industry point to Paramount, owned by Skydance, as a big player wanting to buy. The Wall Street Journal, citing insiders, wrote that Paramount reached out to Warner Bros. Discovery in late September with a clear cash offer for a majority stake. However, Warner’s boss, CEO David Zaslav, turned down that initial offer. When contacted, both Warner Bros. Discovery and Paramount stayed tight-lipped. Back in June, Warner Bros. Discovery surprised everyone by revealing plans to split its empire. Companies like HBO, HBO Max, Warner Bros. Television and the DC Studios were set to form a new streaming and studio giant. Meanwhile, the networks like CNN, Discovery, TNT Sports, and digital platforms including Discovery+ and Bleacher Report would form a separate cable-focused company. The plan was to finish this breakup by mid-2026. But now, Warner isn’t ruling anything out. They said continuing with the split is still on the table but so is a full sale. CEO David Zaslav commented, "We took the bold step of preparing to separate the Company into two distinct, leading media companies, Warner Bros. and Discovery Global, because we strongly believed this was the best path forward." He added, "It’s no surprise that the significant value of our portfolio is receiving increased recognition by others in the market." Is Warner Bros. Discovery ready to shake hands and say goodbye? The media world watches eagerly as this blockbuster storyline unfolds!

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Tags: Warner bros. discovery, Company sale, Merger, Streaming services, Paramount, Media industry,