With Warner Bros. Discovery n play now and set to split in half next spring, the company said today it’s received unsolicited interest from multiple parties for all or part of its businesses and is initiating a review of strategic alternatives.

The statement today comes after an initial offer by David Ellison’s Paramount Skydance for the whole company ahead of April when it plans to separate its streaming and studios operations from its global cable.

The company’s full statement:

While Warner Bros. Discovery (the “Company”) (NASDAQ: WBD) continues to advance its previously announced separation of Warner Bros. and Discovery Global, its Board of Directors today announced it has initiated a review of strategic alternatives to maximize shareholder value, in light of unsolicited interest t

See Full Page