Warner Bros. Discovery, responding to Paramount Skydance's unsolicited takeover offer to acquire all of WBD's outstanding stock for $30/share, said it will review the proposal and issue its decision within 10 business days.

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. In an announcement Tuesday, the ...

Warner Bros. Discovery has signaled that it may be open to a sale of its business just months after announcing plans to split into two companies. In an announcement Tuesday, the entertainment giant said it had initiated a review of "strategic alternatives ...

President Donald Trump took aim at CNN as its parent company faces potential acquisition, saying "it's imperative" that the news network be sold.

President Donald Trump, who has inserted himself into the U.S. government’s review of a potential deal for Warner Bros. Discovery, said it is “imperative” that CNN be sold as part of any deal Warner Bros.

Netflix’s proposed $82-billion purchase of Warner Bros. is triggering warnings from unions and theater groups, who fear the deal could accelerate consolidation, reduce jobs, and sharply impact the theatrical box office.

Paramount launched a hostile bid for Warner Bros. Discovery this week, just days after Netflix struck a deal to acquire the legacy media company. The rival multi-billion dollar efforts to purchase streaming platform HBO Max and movie studio Warner Bros.