It Looks Like Selling To Paramount Isn’t Warner Bros Discovery’s Only Option

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Honestly, I feel like Warner Bros Discovery has been the subject of more rumors and speculation than any other streaming company lately. It’s been a whirlwind of mergers, rebranding, and constant questions about what’s next for them, and it’s still hard to get a clear picture of their long-term plans. For a while, it looked like CEO David Zaslav might sell the company to the new Paramount Skydance combination, but apparently, that’s not the only possibility being considered.

Just to recap, Paramount Skydance, owned by the Ellison family, has been considering a purchase of Warner Bros Discovery for some time. They recently offered $20 per share, but Warner Bros Discovery, led by Zaslav, decided against the deal over the weekend. While many on Wall Street expected Paramount to increase their offer or appeal directly to Warner Bros Discovery’s shareholders, The Hollywood Reporter suggests another possibility is now being explored.

Sources say Warner Bros Discovery is considering a major split. The plan would keep HBO and the Warner Bros. studio together under current CEO Zaslav, while creating a separate company for all of its cable channels. This separation would allow each business to pursue clearer strategies and make it easier for potential buyers to invest in the specific areas they’re interested in.

Here’s the situation: even if Warner Bros. Discovery were to split up, Paramount could still potentially buy the HBO and Warner Bros. studio portions. However, Warner Bros. Discovery is hoping for more competition if that were to happen. They believe that if those parts were available separately, companies like Netflix and Apple might also make a bid. While they haven’t stated this publicly, they likely want to explore all options. If another company showed interest, it could lead to a bidding war with Paramount.

HBO and Warner Bros. together own incredibly valuable entertainment franchises, including popular titles like Harry Potter, DC superheroes, and Game of Thrones, along with many others. While every major studio would likely want to buy these assets, any deal would depend on the price and the potential to make a profit.

This uncertainty is happening as people become increasingly annoyed with their choices for entertainment. Streaming services have been consistently raising prices, and subscribing to several of the biggest ones now costs about the same, or even more, than traditional cable. Add to that the feeling that many movies released directly to streaming aren’t very good, and it’s clear many viewers are looking for something different. It’s still an open question whether merging the major studios would actually solve the problem.

Over the next few weeks and months, you’ll likely be hearing a lot about what’s next for Warner Bros Discovery, regardless of whether they end up merging with Paramount and Skydance as some have predicted.

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2025-10-13 19:38