Washington: Warner Bros Discovery, opens new tab is considering an outright sale following unsolicited interest, the company said Tuesday, in what would be the latest shakeup across legacy media.

Shares of the company rose 9.4% in morning trading. Netflix and Comcast are among the interested parties, CNBC reported Tuesday, citing sources, following earlier reports that Paramount Skydance, opens new tab CEO David Ellison was also in talks to acquire the combined company.

Warner Bros Discovery – home to CNN, HBO Max and the “Harry Potter” franchise – announced plans in June to split its Warner Bros and Discovery Global units by next year to separate its growing streaming business from its slower-growing legacy cable network unit.

A sale or a split would be one of the most consequential r

See Full Page