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Warner Bros Discovery Mulling Split To Boost Stock Price
Warner Bros Discovery Mulling Split To Boost Stock Price
Warner Bros Discovery is reportedly looking to break-up its streaming and studio businesses from its linear networks to jump its falling stock price. WBD CEO David Zaslav is apparently weighting myriad options from selling assets to separating the movie studio and Max streaming service into new company, free from the group current near $40 billion debt. Warners has had a sour summer at the box office with a string of flops including Furiosa, Horizon: An American Saga – Chapter One and The Watchers.
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