WBD targets Christmas deadline for announcing a sale or split, leaving Paramount in limbo

Paramount Skydance has a clear holiday wish this year: acquiring Warner Bros. Discovery. Fittingly, it may have to wait until Christmas to find out if Santa Zaslav delivers.Warner Bros. Discovery is openly for sale and intends to publicly announce its plans toward the middle or end of December, according to people familiar with the matter, who asked not to be named because the discussions are private. The legacy media giant, run by Chief Executive Officer David Zaslav, is deciding whether to split the compa ...