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Warner Bros. Discovery Inc. was downgraded to junk by Moody’s Ratings, cementing the media giant as a fallen angel just years after it sold one of the biggest high-grade bond deals on record.
Warner Bros. Discovery’s announced separation follows the industry’s latest M&A trend. In this case, separation is easy. Successfully shaping what comes next is the hard part.
‘Too Early’ The terms of the Warner Bros. Discovery buyback and debt exchange are complicated, with bondholders split into six separate pools, and outcomes dependent on what other investors do.
U.S. District Judge Jon Tigar ruled that the Trump administration cannot require nonprofits to abandon diversity initiatives and transgender recognition to receive federal funding.
Oren and Tal Alexander, the luxury real estate brokers, as well Oren’s twin Alon Alexander, are now charged with sex crimes against seven women.
Warner Bros. Discovery's cable networks, like many of its rivals, have lost viewers as consumers shifted to streaming services such as Netflix, causing its stock to slump more than 60% since the ...
Warner Bros. Discovery (WBD) stock popped early Monday after the company announced plans to split into two independent, publicly traded companies, separating its streaming and studio assets from ...
For those who've just gotten used to the idea of HBO Max, Warner Bros. movies and Discovery Channel all existing under the same brand, we have some bad news: They're splitting up again.
Warner Bros Discovery announced its plan to split into two publicly traded entities as it separates its streaming and cable operations. Warner Bros Discovery announced its plan to split into two ...
Warner Bros. Discovery CEO David Zaslav will remain as the leader of the streaming-focused entity, while Gunnar Wiedenfels, the company’s CFO who has become known for finding new ways to cut old ...
The Streaming & Studios company will consist of Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, and HBO Max, as well as their legendary film and television libraries.
Warner Bros. Discovery said it will separate its media businesses into two new companies, with cable in one and streaming and studios in the second.