Warner Bros Discovery considers going up for sale as potential buyers show interest
Netflix, Comcast and Paramount Skydance are reportedly among possible bidders in sale that could shake up industry
Warner Bros Discovery is considering an outright sale following interest from several potential buyers, the company said Tuesday, in what would be the latest shakeup across legacy media.
Shares of the company rose 10.5% in morning trading. Netflix and Comcast are among the potential bidders, CNBC reported Tuesday, citing sources, following earlier reports that Paramount Skydance CEO David Ellison was also in talks to acquire the combined company.
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