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News Summary:
On May 1, 2026, Fox Business senior correspondent Charles Gasparino pointed to potential personal gain for David Zaslav from a proposed sale of Warner Bros. Discovery to Paramount and Skydance, also suggesting that Warner Bros. Discovery employees may have perspectives on the transaction. This followed Congressman Sam Liccardo's urging earlier the same day for FCC Chairman Brendan Carr to reject Paramount Skydance’s petition. The petition sought to allow three Middle Eastern sovereign wealth funds and other foreign investors to acquire 49.5% of the equity of the company following its merger with Warner Bros. Earlier on May 1, TNT Sports, a division of Warner Bros. Discovery, announced plans to broadcast over 4,000 hours of live sporting action across cycling, golf, football, and tennis contests throughout May, June, and July. The channel is accessible on EE TV, Sky, Virgin Media, and HBO Max.
Warner Bros. Discovery currently holds 120 broadcasting rights for sports competitions including ice hockey, professional wrestling, wrestling, multi-sport, equestrianism, triathlon, motorsports, snooker, marathon, soccer | association football, winter sports, cricket, basketball, golf, beach volleyball, biathlon, combat sports, climbing, surfing, tennis, athletics, sailing and rugby union.
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