Warner Brothers Discovery — the parent company of CNN and HBO Max is considering a sale amid unsolicited interest in the company marking the latest shake up across US legacy media.

The New York City based media conglomerate announced the possible sale on Tuesday.

Several major media giants have reportedly expressed interest. Netflix and Comcast are said to be interested parties according to CNBC which cited unnamed sources familiar with the deal. That follows interest from Paramount-Skydance .

In June, Warner Bros Discovery announced it would split Warner Bros and Discovery Global units separating its streaming businesses from its cable network unit. The company has doubled down in the streaming space in recent weeks. On Thursday, CNN announced a new subscription streaming service ca

See Full Page