News

Warner Bros. Discovery shares traded up at much as 13% in intraday trading Monday after the spinoff was announced. Although those gains have since been pared, the stock remains up about 5% since ...
Shares of Warner Bros. Discovery closed down 3% after initially shooting up 12% in morning trading on the news, which undoes a lot of the 2022 merger that brought the companies together in the ...
Just days ago Warner Bros. Discovery shareholders in a vote that was symbolic as it’s nonbinding, rejected the 2024 pay packages of some executives, including Zaslav, who will make more than $51 ...
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 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 ...
Warner Bros. Discovery will split into two public companies by next year, calving off cable operations from its streaming service as the number of people “cutting the cord” brings with it a ...
Warner Bros. Discovery said it expects to complete the tax-free spinoff by mid-2026. The move follows several other major television companies taking steps to spin off their declining cable ...
Warner Bros. Discovery was created just three years ago when AT&T spun off WarnerMedia and it was merged with Discovery Communications in a $43 billion deal.
Just days ago Warner Bros. Discovery shareholders in a vote that was symbolic as it’s nonbinding, rejected the 2024 pay packages of some executives, including Zaslav, who will make more than $51 ...