“It’s no surprise that the significant value of our portfolio is receiving increased recognition by others in the market,” CEO David Zaslav said in the press release. “After receiving interest from multiple parties, we have initiated a comprehensive review of strategic alternatives to identify the best path forward to unlock the full value of our assets.”
The company’s board of directors confirmed the review is taking place not only to continue with the previously outlined separation, but to consider a range of transactions. These include an outright sale of Warner Bros. Discovery as a whole, selling off separate divisions, or exploring frameworks for mergers and spinoffs that would maximize shareholder value.
For this story, Fortune used generative AI to help with an initial draft. An editor verified the accuracy of the information before publishing.
