TLDR · BIG TECH & STARTUPS
NETFLIX, AMAZON, AND APPLE ARE REPORTEDLY INTERESTED IN BUYING WARNER BROS.
Summary from the TLDR newsletter
Warner Bros. Discovery (WBD) is launching a 'review of strategic alternatives to maximize shareholder value' due to multiple offers for both the entire company and Warner Bros. Netflix, Amazon, Apple, Paramount, and Comcast are reportedly interested in buying WBD as a whole or acquiring pieces of the company. WBD already announced plans to split its cable TV and streaming businesses next year.