Warner Brothers Discovery split

[MartyDe]

Looks like WBD is going to split its services.

https://finance.yahoo.com/news/warner-bros-discovery-split-two-110955221.html

 

[Bruce]

Looks like WBD is going to split its services.

https://finance.yahoo.com/news/warner-bros-discovery-split-two-110955221.html

Already posted-

Post in thread 'MAX Changing Names Again...'

Today at 7:45 AM

Neither of your last two paragraphs are accurate. I'm 100% certain. Nor does it make any sense as the majority of their cash comes from the linear networks and there would be no reason to cut off that cash flow stream. It also goes completely against what they said in their earnings call last week about the importance of the linear business and the slowing of losses there or their recently announced new linear carriage deals with both Comcast and Charter. Finally, they didn't eliminate their new scripted content as they showed multiple programs at their upfront presentation today...

• Bruce

 

[b4pjoe]

Its CEO David Zaslav will lead the streaming and studios business after the breakup

Horrible news for the streaming and studios business side of things.

 

[KAB]

Horrible news for the streaming and studios business side of things.

And they are turning over the linear TV division to present Chief Financial officer. We all know how that will turn out.