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Warner Bros. Discovery's debt deal introduces an industry-first non-boycott covenant, reshaping bondholder agreements.
S&P Global Ratings downgraded Warner Bros. Discovery (WBD, Financials) to BB+, citing heavy debt and declining performance in its traditional TV business. Warner Bros. Discovery (WBD, Financials ...
Others injected a note of caution, noting Warner Bros Discovery carries $40.4 billion in debt. "The structure change would make it easier for WBD to sell off its linear TV networks," eMarketer ...
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. It also announced a $ ...
Warner Bros Discovery is moving towards a potential ... WBD, which has $38 billion of gross debt, did not respond to a Reuters request for comment on the CNBC report. STREAMING BOOMS, STUDIO ...
Warner Bros Discovery’s credit was slashed to junk, the latest fallout from broadcasting’s collapse. Some $34 bln in net debt makes it hard to cleave CNN from HBO while satisfying both lenders ...
S&P Global Ratings downgraded Warner Bros. Discovery (WBD, Financials) to BB+, citing heavy debt and declining performance in its traditional TV business. Warner Bros. Discovery (WBD, Financials) just ...
In that deal AT&T loaded WarnerMedia, the cash-generating part of its business, with debt and took the cash for itself when it sold it to form Warner Bros. Discovery. Importantly, that bet didn’ ...
NBCUniversal and Warner Bros. Discovery are racing to offload their ailing linear TV channels. But just one of the new SpinCos is unburdened by billions in debt. By Alex Weprin Senior Editor The ...
Max streaming business and its Warner Bros. movie studio — and one "shitco" — all of its declining linear TV networks, including CNN, plus most or all of the $40 billion in debt WBD has taken on.
Lawyers for Village Roadshow and its former movie-making partner, Warner Bros. Entertainment Inc., agreed that the auction can move forward before the two sides further dispute debt leftover from ...
All that slashing and burning and pissing off creatives that David Zaslav did, and Warner Bros. Discovery is still drowning in debt. What’s the CEO of a big legacy media company to do?