Why Is Warner Bros. for Sale at All?

Source: The American Prospect
by David Dayen

“The Golden Globe nominations came out on Monday, and two films dominated: One Battle After Another with nine nominations and Sinners with seven. On the television side, The White Lotus led with six nominations. These productions have something in common: They are all products of Warner Bros. Discovery (WBD), which has also dominated the box office this year. A record seven straight Warner Bros. releases debuted with more than $40 million in receipts in their opening week this year, the most consistent run of success in movie history. This all begs the question: Why did a critical darling and commercial juggernaut publicly auction itself off, and why is it now caught in a bidding war between Netflix, with which Warner Bros. agreed to a merger last week, and Paramount, which made a hostile takeover bid on Monday?” (12/10/25)

https://prospect.org/2025/12/10/why-is-warner-bros-for-sale-at-all/