Soo Kim, founder of New York hedge fund Standard General, has been approached by at least on shareholder of Warner Bros. Discovery (WBD) to acquire all or part of its cable television assets, James Fontanella-Khan, Sujeet Indap, and Oliver Barnes of The Financial Times reports, citing people briefed on the matter. Kim has been in discussions over buying or investing in the company’s TV networks, the sources added.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WBD:
- SPY ETF Daily Update, 12/18/2025
- Heading into 2026, Let’s Look at Who Owns Netflix Stock (NFLX)
- Warner Bros. Discovery shares slip below Netflix $27.75 offer price
- Midday Fly By: Micron reports Q1 beat, Trump Media to merge with TAE
- Mixed options sentiment in Warner Bros. Discovery with shareslittle changed
