Warner Bros. Discovery has finally said out loud what has been obvious for months now: it wants to be acquired by another entertainment megacorporation.

Today, WBD announced that it “has initiated a review of strategic alternatives to maximize shareholder value” — a roundabout way of saying that the company is open to the possibility of a massive acquisition deal with the right buyer. The news comes just months after WBD’s decision to split Warner Bros. and Discovery Global into two separate corporate entities tasked with running the company’s streaming and cable businesses

In a statement about a potential acquisition, WBD said that while its board of directors still intends to move forward with plans to split into two companies called Warner Bros. and Discovery, its newfound interest in

See Full Page