Layoffs are hitting the Warner Bros. Motion Picture Group, reducing its staff by 52 people, according to an internal memo to ...

WBD president and CEO David Zaslav will continue to lead the executive team at Warner Bros, while WBD’s current chief ...

EXCLUSIVE: The Warner Bros Motion Picture Group is undergoing 10% cuts, we’ve learned. This follows Monday’s news about how leadership is getting split between the new Warner Bros and Discovery Global ...

Warner Bros. Discovery plans to break itself into two next year, undoing Discovery's $43 billion purchase of Warner Bros.

At the end of March, Warner Bros. Discovery had gross debt of $38.0 billion, which is comprised of "total debt" ($37.4 billion) and financial leases ($535 million). The 2022 merger of WarnerMedia ...

Since then, Warner Bros. Discovery has cut thousands of employees, projects and other expenses to pay down the enormous debt to finance the 2022 merger. The company’s cable channels were hit ...

According to Warner Bros. Discovery, the majority of the debt load — standing at $34 billion in net debt as of the end of March — will remain with the linear TV company.

In simple terms, that means investors see the company’s debt as risky. Warner Bros. Discovery is carrying around $34 billion in debt, much of it taken on during the original merger.

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 plans to split into two companies by separating its studios and streaming from cable TV networks to better compete in the evolving media landscape.

At the end of March, Warner Bros. Discovery had gross debt of $38.0 billion, which is comprised of “total debt” ($37.4 billion) and financial leases ($535 million).

Warner Bros. Discovery will divide into two companies by next year, ending the media conglomerate’s quest to create an all-in-one TV, film and streaming behemoth that could overtake Netflix and ...