Warner Bros. Discovery, the parent company of CNN and HBO, announced that it’s open to a sale, leaving its news and streaming subsidiaries’ futures uncertain.

The media conglomerate previously announced a plan to split into two companies - cleaving its entertainment offerings , including the Warner Bros. film studio and HBO Max streaming service, from its sports and news programming. It says it has decided to explore sale opportunities after receiving bids.

David Ellison, whose company Skydance recently took over Paramount, has reportedly expressed interest in bidding for Warner Bros. Discovery. Ellison recently spent $150 million to buy Bari Weiss’s website, the Free Press, and named the conservative writer editor in chief of CBS News.

An acquisition would place CNN and CBS, two leg

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