Warner Bros. Discovery Shifts Strategy to Smaller Asset Sales
Executives decide against breaking up the company, opting to sell divisions like its video game arm and Polish broadcaster TVN.
- Warner Bros. Discovery is selling smaller assets to avoid a complete corporate breakup.
- Potential sales include the video game division and Polish broadcaster TVN.
- The company has faced a near 70% stock price decline since the 2022 merger with Discovery.
- CEO David Zaslav and senior management believe a breakup would cause significant operational challenges.
- Warner Bros. Discovery continues to cut costs through layoffs and content write-offs.
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