Warner Bros. Discovery (WBD), the massive media conglomerate that owns CNN, HBO, and one of the nation’s premier movie studios, formally announced plans to explore a potential sale on Tuesday.
Rumors about WBD considering the sale of part or all of its assets have been circulating in media business circles for months. The company has now confirmed these speculations, signaling a significant shift in its strategic direction.
https://thehill.com/homenews/media/5565116-warnerbros-discovery-exploring-sale/