Warner Bros. Discovery is officially on the block , disclosing that it has received interest from “multiple parties” to acquire all or part of the company and that its board is reviewing various options. WBD didn’t say so, but David Ellison’s freshly merged Paramount Skydance is one of the bidders making a serious play for the media conglomerate.

Needless to say, such a deal would represent major consolidation in the industry. It would pool Warner Bros. and Paramount Pictures, two of Hollywood’s most storied studios, along with their large content libraries. On the TV side, it would bring Paramount’s CBS broadcast, MTV, Comedy Central and BET together with HBO, TNT, TBS, Discovery Channel, HGTV, Food Network and more from WBD — with CNN and CBS News likely under one umbrella. And a m

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