Warner Bros. Discovery Shareholder Approached Standard General About Buying or Investing in Cable Networks | Report [Yahoo! Finance]
Warner Bros. Discovery, Inc. - Series A (WBD)
Company Research
Source: Yahoo! Finance
Standard General co-founder Soo Kim has been approached by at least one Warner Bros. Discovery shareholder about acquiring or investing in the company's cable networks, according to the Financial Times The outlet reports “at least one major WBD shareholder” asked Kim about buying all or some of the company's networks — including CNN, citing people familiar with the matter. The shareholder's identity was not disclosed. Representatives for Warner Bros. Discovery and Standard General did not immediately return TheWrap's request for comment. The report comes as Warner Bros. Discovery has entered into an $82.7 billion deal with Netflix for its studio and streaming assets. The deal will see WBD's cable networks spun off into a separate, publicly traded company known as Discovery Global in the third quarter of 2026. Discovery Global will house TNT Sports in the U.S., Discovery, top free-to-air channels across Europe, Discovery+ and Bleacher Report (B/R). It will also hold the majori
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WBD
Earnings
- 11/6/25 - Miss
WBD
Sec Filings
- 12/17/25 - Form DFAN14A
- 12/17/25 - Form SC
- 12/17/25 - Form DFAN14A
- WBD's page on the SEC website