Warner Bros. Discovery is about to dive into the nitty-gritty work of deciding whether to sell itself — in whole or in part.

The media conglomerate, home to Warner Bros., HBO and HBO Max, CNN, TBS, HGTV and more, is now evaluating multiple acquisition offers. First-round bids, which were due Thursday (Nov. 20), were expected to be submitted by Paramount Skydance, Comcast and Netflix . A source with knowledge of the situation said that those three entities did submit nonbinding, preliminary offers by the noon ET deadline. It’s unclear if there were other expressions of interest.

Multiple sources noted that the bidding process required participants to sign nondisclosure agreements, as is commonplace. Paramount Skydance , Netflix and Comcast declined to comment.

Last month, Warner

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