A major transaction has long felt inevitable. The 2022 merger saddled the company with roughly $50 billion in debt, leaving its leadership little choice but to explore a breakup or sale. If the split proceeds, WBD CEO David Zaslav would continue leading the Warner Bros. side, and Discovery Global would be led by current CFO David Wiedenfels.

Netflix is set to purchase legendary Hollywood studio Warner Bros. in a deal worth billions. Here's what it means for your favorite shows and films.

Warner Bros. Discovery is officially on the block, disclosing that it has received interest from “multiple parties” to acquire all or part of the company and that its board is reviewing various options. WBD didn’t say so, but David Ellison’s ...

Warner Bros. Discovery on Tuesday said it is open to a sale after receiving “unsolicited interest” from multiple parties — sending the media giant’s stock up more than 9% in early trading. “While Warner Bros. Discovery continues to advance its ...

NEW YORK (AP) — Warner Bros. Discovery — the home of HBO, CNN and DC Studios — has signaled that it may be open to selling all or parts of its business, just months after announcing plans to split into two companies. Justices skeptical of agency ...