Warner Bros. Discovery, Inc. (WBD)
Warner Bros. bonds fall after downgrades to junk.
Warner Bros. Discovery Inc.'s plan to spin off television channels like CNN, TNT and Food Network from its studio and streaming businesses is causing angst in the bond market, with a big selloff following ratings downgrades of the company's debt to junk status.
Will Warner Bros. Discovery's Split Produce Double the Upside?
Recent volatility in Warner Bros. Discovery NASDAQ: WBD stock is tied directly to a landmark strategic pivot.
We Like The Warner Bros. Discovery Split (Rating Upgrade)
Warner Bros. Discovery, Inc. plans to split its high-growth streaming and struggling network segments to unlock value and improve cash flow and debt management. Despite a 10% YoY revenue decline, adjusted EBITDA remained strong, and the company generated over $300 million in free cash flow in Q1. The breakup aims to assign debt strategically, monetize assets, and allow each business to achieve more appropriate valuations and drive shareholder returns.
Warner Bros Discovery Wants to Split in 2. Will Either Stock Be a Buy?
Warner Bros. Discovery plans to divide into WBD Streaming & Studios and WBD Global Networks by mid-2026 to unlock value and streamline operations.
WBD split: What will Warner Bros. Discovery look like as two separate companies?
Warner Bros. Discovery is saying That's all, folks.
Warner Bros. Discovery to Split Studios From TV Business
Warner Bros. Discovery (WBD) is splitting into two separate companies, the media conglomerate announced on Monday, sending its shares higher.
Warner Bros Discovery is splitting up, separating its cable TV and streaming businesses
Warner Bros Discovery said on Monday it would split into two companies, separating its studios and streaming business from its fading cable television networks as the parent of HBO and CNN looks to compete better in the streaming era.
Warner Bros. Discovery Is Splitting Up: What It Means for You
The media conglomerate will divvy up its assets in movies, TV, gaming and other areas into two companies: Streaming & Studios and Global Networks.
Warner Bros. Discovery split throws the future of TNT Sports into question
In a conference call Monday, Warner Bros. Discovery CEO David Zaslav said U.S. sports have not been a major driver for HBO Max subscriptions.
Warner Bros. Discover Is Splitting Up: What It Means for You
The media conglomerate will divvy up its assets in movies, TV, gaming and other areas into two companies: Streaming & Studios and Global Networks.
Warner Bros. Discovery announces major corporate restructuring to separate streaming from cable
Warner Bros. Discovery plans to split into two companies by separating its studios and streaming from cable TV networks to better compete in the evolving media landscape.
Warner Bros. Discovery to split into two companies, dividing cable and streaming services
Warner Bros. Discovery will calve off cable operations from its streaming service, creating two independent companies as the number of people "cutting the cord" brings with it a sustained upheaval in the entertainment industry.
