Warner Bros Discovery to Split Up Over MASSIVE Debt Issues!

Warner Bros Discovery is breaking up into two different companies in an attempt to leverage their nearly $40 Billion of debt. Putting CFO Gunnar Wiedenfels in charge of the new division responsible for linear cable and network content and CEO David Zaslav in charge of running Streaming and Film is the type of move a desperate company makes. If you thought Superman was important before, you only know half of it!

Sources:
That Park Place: https://thatparkplace.com/breaking-warner-bros-discovery-to-split-into-two-seperate-companies-as-wbd-debt-crisis-and-streaming-woes-force-drastic-overhaul/?fsp_sid=344
The Wrap: https://www.thewrap.com/fitch-moodys-warner-bros-discovery-credit-ratings-downgrade/

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