General views of the Warner Brothers studio lot on December 13, 2023 in Burbank, California. AaronP/Bauer-Griffin/GC Images/Getty Images

Warner Bros. Discovery, the parent of CNN, is contemplating a sale.

The media giant says it has received “multiple” expressions of interest from potential buyers, indicating that Paramount Skydance is not the only suitor for the media company.

In a Tuesday morning statement, WBD said its board of directors has started a “review of strategic alternatives,” which could result in a sale of the entire company, a continuation of the current plan to split the company into two, or some other outcome.

Paramount has been making overtures to buy all of WBD in advance of the planned split, signaling that a behind-the-scenes bidding war is underway. The WBD boa

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