Warner Bros. Discovery says it's open to a sale
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It is easy to forget, sometimes, that entertainment giant Comcast ($CMCSA) is also one of the biggest internet service providers around. And in
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Xfinity by Comcast users across several US states faced a widespread internet and TV outage, disrupting homes and businesses. The issue affected major cities, including parts of Michigan, leaving customers unable to stream or work online.
Warner Bros. Discovery, the owner of HBO, CNN, and other cable networks, said on Tuesday that it is putting itself up for sale.
A potential acquisition of Warner Bros. Discovery by Paramount could spark antitrust scrutiny, although President Trump’s connection to Larry Ellison might “help smooth the path for a deal,” media analysts told Newsweek.
The largest cable TV and broadband provider in the country said it is eliminating its three divisions at the end of the year.
The Comcast executives addressed MSNBC's decision to sever ties with contributor Matthew Dowd, whose remarks about Charlie Kirk drew backlash.
NBC News laid off around 150 employees on Wednesday ahead of its parent company, Comcast Corporation, spinning off certain cable