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News

Warner Bros. Discovery To Split CNN, TNT

The New York Times · 2d
Warner Bros. Discovery to Split Into Two Companies
The film and television giant will turn its cable networks, including CNN and TNT, into one company and its streaming and studios business into another.
Seeking Alpha on MSN · 16h
Fitch cuts Warner Bros. Discovery's rating to junk on two-way split announcement
Fitch on Wednesday downgraded Warner Bros. Discovery's (NASDAQ:WBD) long-term issuer default rating to "BB+" and said the separation will bring "significant uncertainty" to the company's credit profile.
MarketWatch on MSN · 2d
Warner Bros. Discovery’s rapid split shows how much the cable TV business is struggling
Just three years after the iconic Warner Bros. film studio and television business was acquired for $43 billion by Discovery, the two companies are being split in two again. On one side will reside Warner Bros.
1don MSN
Warner Bros. Discovery Downgraded Further Into Junk Status Following Split Announcement
S&P Global downgraded the media giant's unsecured bonds, put it on a negative credit watch and will review whether to lower ...
1d
Warner Bros. Discovery to split into two companies: What to know
Warner Bros. Discovery will split into two companies by next year, with much of its streaming and movie production moving ...

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