Warner Bros. Discovery has been telling investors it wants to split the company in two — and just produced some evidence that such a deal is necessary. The owner of CNN, HBO and the Warner Bros.

Warner Bros. Discovery (WBD), the massive media conglomerate that owns CNN, HBO and one of the nation’s premier movie studios, on Tuesday formally announced plans to explore a potential sale. Rumors ...

Warner Bros. Discovery WBD-0.91%decrease; red down pointing triangle Chief Executive David Zaslav said the company’s exploration of a possible sale of some or all of its holdings is briskly moving ...

Warner Bros. Discovery has officially put itself up for sale. The entertainment conglomerate owns a host of well-known brands including CNN, HBO, DC Studios and the flagship Warner Bros. movie studio.

Even in an industry increasingly accustomed to head-snapping change, this has been quite a week. After Paramount Skydance made the third in an escalating series of acquisition offers for Warner Bros.

Paramount, Comcast and Netflix are preparing bids to buy all or part of Warner Bros. Discovery, a crown jewel of the industry. By Benjamin Mullin Lauren Hirsch and Nicole Sperling Warner Bros.