The Zhitong Finance App learned that according to media reports quoting people familiar with the matter, the hedge fund Standard General has been negotiating the possibility of acquiring or investing in TV assets owned by Warner Bros. Explore (WBD.US). According to the report, at least one major shareholder of Warner Bros. Discovery has reached out to Standard General founder Soo Kim to propose the acquisition of all or part of Warner Bros. Discovery's television assets, including CNN.

Zhitongcaijing · 2d ago
The Zhitong Finance App learned that according to media reports quoting people familiar with the matter, the hedge fund Standard General has been negotiating the possibility of acquiring or investing in TV assets owned by Warner Bros. Explore (WBD.US). According to the report, at least one major shareholder of Warner Bros. Discovery has reached out to Standard General founder Soo Kim to propose the acquisition of all or part of Warner Bros. Discovery's television assets, including CNN.