Warner Bros. Discovery - Sale Rumors
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... Sale rumors

On September 11, 2025, The Wall Street Journal reported that Larry Ellison's Paramount Skydance (which hold the several channels that were previously owned by Warner such as MTV, Nickelodeon, The Movie Channel, VH1, Comedy Central and BET; Paramount and Warner both hold stakes at The CW) was exploring a bid to acquire the entirety of Warner Bros. Discovery; the company had recently been formed via an acquisition of Paramount Global by Skydance Media from the Redstone family.[142][143]

Such an acquisition would see the likely integration of various overlapping assets between the two companies, including two of the five major film studios (Warner Bros. and Paramount Pictures), streaming services HBO Max and Paramount+, TNT Sports and CBS Sports (which have already collaborated on properties such as the NCAA men's basketball tournament), and CNN and CBS News.[144][145][146][147][148]

WBD's share prices increased by 33% following the reports.[149] ...