Warner Bros. Discovery evaluates the possible sale of the company – News

Entertainment conglomerate Warner Bros. Discovery confirmed on Tuesday that it is evaluating a possible acquisition of the entire company or individual acquisitions for it Warner Bros. and Discovery Global business as part of the “review of strategic alternatives to maximize shareholder value” initiated by the company’s Board of Directors. The message states that Warner Bros. Discovery received “unsolicited interest” from several parties in a possible acquisition of the entire company or Warner Bros. business. Warner Bros. Discovery also leaves open the possibility of “an alternative divisional structure that would enable the merger Warner Bros. and spin-offs Discovery Globally for our shareholders.”

Warner Bros. Discovery has no deadline or timetable for completing its review of strategic alternatives and makes no guarantee that the review will result in an ultimate sale of the company. The company does not intend to make any further announcements regarding the review until the company’s board of directors approves the transaction or determines that further disclosure is necessary.

The Wall Street Journal reported On September 12, newly formed entertainment conglomerate Paramount Skydance was evaluating the possibility of an acquisition Warner Bros. Discovery. Bloomberg reported October 11 that Warner Bros. Discovery turned down Paramount Skydance’s $20-per-share offer, a report from the New York Post on October 15, claiming that Warner Bros. Discovery President and CEO David Zaslav wants to sell at $30 per share.

Warner Bros. Discovery announced its intention to split its company into two separate public companies on June 9 later we these companies as Warner Bros. and Discovery Global. Warner Bros. will own Warner Bros. TV, Warner Bros. Motion Picture Group, DC Studios, HBO, HBO Max,, and Warner Bros. Game studios. Discovery Global will own CNN, TNT Sport in the USA, and Discovery. The split is planned for mid-2026.

Warner Bros. Discovery was is formed after AT&T spun off its WarnerMedia business and merged with Discoverya process that began in 2021 and ended the following year. Some assets related to the anime industry were involved in the creation of the company Cartoon Network (with Tunami and Swimming for adults programming blocks), Boomerang, HBO Max, ropeand other channels and services that offer anime in their programming. On Discovery side, in Discovery family channel (formerly known as Hub) presented programming with Japanese roots, for example transformers, Pac-Manand Deltor’s Quest.

Warner Bros. Discovery also owns a production company Warner Bros. Japanwhich was launched in 2011. Warner Bros. Japan is involved in several anime properties and has created over 80 anime titles including Is it wrong to try to pick up girls in a dungeon?, Food Wars! Shokugeki no Soma, The strange adventure of Jojo, Record of Ragnarokand SPY x FAMILY. Warner Bros. Japan and its parent company also handle foreign and domestic live-action Japanese-owned films such as Godzilla, Rurouni Kenshin, Jintamaand Death note. As of last year, Warner Bros. Japan is planning magnification its annual output from from five to 10 anime titles to over 10.

The HBO Max streaming service offers GKIDS“all Studio Ghibli film library”. Crispy roll (formerly part of WarnerMedia), Cartoon Network, Swimming for adultsand Rooster’s teeth also offers content through the service. Service announced price hike for subscription plans on Tuesday, the third price hike since launch. (HBO Max erect subscription prices for February 2023 and June 2024)

Box Canyon Productions, an independently owned company Rooster’s teeth co-founder Bernie Burns, acquired in Rooster’s teeth (RWBY, gen:LOCK) brand from Warner Bros. Discovery last February Purchase did not include RWBYas well as some properties for which the rights were already transferred to their creators last year. Viz Media announced in July 2024 he purchased RWBY series Viz Media owns rights to future distribution, production, licensing and consumer products. The company is studying the production of new chapters of the series.

Sources: Warner Bros. Discovery, Cartoon Bru (Jamie Lang)