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Discovery said tuesday it's expanding its strategic review of the business and is open to a sale, sending shares of the company 8% higher in premarket trading Amid swirling reports of bidding interest by paramount global, the wbd board of directors says is it “has initiated a review of.

Discovery says it is considering a sale the owner of cnn, hbo and the warner bros Discovery i s for sale after all Movie studio revealed that it has received acquisition interest from multiple suitors.

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Discovery is open to a potential sale of its media assets, including its movie studio, hbo and cable networks such as cnn, the company announced tuesday.

Discovery has signaled that it may be open to a sale of its business just months after announcing plans to split into two companies.

Discovery, the parent of cnn, says it has received “multiple” expressions of interest from potential buyers, indicating that paramount skydance is not the only suitor for the.

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