Warner Bros. may have a new owner soon. The entertainment company has been in existence since 1923, though there have been a number of changes over the years and especially in the last decade. Most notably, WarnerMedia and Discovery, Inc. merged in 2022 to form Warner Bros. Discovery.
The company's current holdings include a wide-ranging variety of assets , including the Warner Bros. studio, DC Entertainment (which recently had a major hit with 2025's Superman ), HBO and its streaming service HBO Max (which just earned a record-breaking 142 Emmy nominations), Discovery Channel, CNN, and Cartoon Network.
According to a new report from the Wall Street Journal , the Paramount Skydance Corporation is " preparing a majority cash bid " for Warner Bros. Discovery . It is aiming t