Warner Bros. Discovery (WBD) is currently considering selling the entire company after receiving interest from various groups looking to buy the company or some of its key assets.
WBD's popular properties include Warner Bros. studios, HBO, CNN, and DC Comics. It also includes big-name shows like Harry Potter and Game of Thrones. The news comes as the streaming service's price hike has sparked a major industry debate.
According to the report, besides the entire company, investors are also interested in buying some parts of WBD such as the Warner Bros. studio. This move reflects major changes in Hollywood and the media industry.
CEO David Zaslav is working to restructure the company, reduce debt, and navigate the changing streaming and cable TV markets. The decision on a potential sale will be watched closely by investors and competitors because of the value of its vast library and popular shows.
