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“It’s safe to assume that the majority” of Warner Bros. Discovery’s roughly $37 billion in debt load will exist with the spun off Global Networks, the new company’s new president and CEO ...
Warner Bros. Discovery said creditors have lent their support to a debt deal that allows the company to separate into two public businesses. The entertainment company said Monday that by the end ...
And now for something completely different. In a break from artificial intelligence recruiting dramas, we’re looking today at the ancient world of television, through the prism of Warner Bros. Discovery.
Warner Bros. Discovery is splitting into two separate companies — a dramatic shakeup that will create one division focused on streaming and Hollywood blockbusters and the other on cable TV and ...
The studio and cable conglomerate that David Zaslav created couldn’t overcome outside forces and massive debt.
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 (WBD, Financials) just got bumped into junk territory. S&P dropped its rating to BB+, saying the company's debt levels are too high and cash flow too weakespecially from its ...
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.
Warner Bros. Discovery plans to split into two companies, separating studios and streaming from cable TV networks, to enhance streaming content production and to better compete.