Warner Bros. Discovery Considers Major Split
The media giant explores separating streaming and studio assets from legacy TV networks amid financial challenges.
- Warner Bros. Discovery may split its digital streaming and studio businesses from its television networks.
- The potential split aims to address the company's $39 billion debt and declining stock price.
- CEO David Zaslav is evaluating strategic options, including asset sales and mergers.
- Analysts suggest splitting the company could attract interest from tech firms and boost shareholder value.
- The company has not yet hired an investment bank but is consulting with advisers on the plan.