Warner Bros. Discovery Is Exploring a Sale

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 21 October 2025

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Oct. 21. Warner Bros. Discovery said it’s considering a sale of some or all of its media assets. WSJ media and entertainment reporter Joe Flint discusses what’s driving this moment of consolidation in the entertainment industry. Plus, General Motors reported better-than-expected third-quarter results, sending its stock soaring. And amid a glut of unaffordable housing, a growing number of renters nationwide are applying with fraudulent paperwork. We hear from WSJ real estate reporter Deborah Acosta about what happens to fraudsters and what the trend means for renters and landlords. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	As companies seek to close growing gaps in skills and talent,
0:04.0	Deloitte US CEO Jason Garzatus believes it's important for organizations to understand their baseline of skills.
0:10.0	There's so many organizations that can't ask and answer the fundamental questions about how much computer science or data management skills do I have or AI development skills in a given domain?
0:25.4	By performing a skills inventory, leaders can truly understand where their efforts should be focused.
0:28.0	Being blind to those gaps is the real miss.
0:32.6	Visit Deloitte.com to learn how your enterprise can help successfully cultivate talent.
0:42.2	GM's stock soars after the automaker reports better than expected earnings for the third quarter.
0:46.3	Plus, why Warner Brothers Discovery is exploring a sale. There is so much uncertainty about where the audience is going and how best to capture that audience and advertisers and the people who run
0:57.2	these big companies naturally feel that they need to be bigger to compete.
1:01.7	And what's behind a surge in renters turning to fraud to apply for luxury apartments.
1:07.2	It's Tuesday, October 21st.
1:09.6	I'm Alex O'Sulloch for the Wall Street Journal. This is the PM edition of What's News, October 21st. I'm Alex O'Sullough for the Wall Street Journal.
1:12.0	This is the PM edition of What's News, the top headlines and business stories that move the world today.
1:21.6	General Motors shares soared after its latest quarterly results.
1:25.9	The automaker's third quarter was surprisingly strong, even with the pain of tariffs,
1:30.4	a slowing electric vehicle market, and supply crunches.
1:33.6	GM said it is making faster than expected progress, reducing a multi-billion dollar tariff bill.
1:39.2	Speaking on this morning's earnings call, GM CEO Mary Barra said the company is also moving quickly to downsize
1:45.6	its money-losing electric vehicle business.
1:47.9	By acting swiftly and decisively to address overcapacity, we expect to reduce EV losses in
1:53.8	26 and beyond, making us much better positioned as demand stabilizes.
1:59.2	Net income plunged by more than half in the quarter, but an
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