Reported 1 day ago
Warner Bros. Discovery, Inc. has reported its first positive net result since restructuring after the 2022 merger, with plans to split into two distinct companies by mid-2026. This separation aims to enhance value by isolating high-growth streaming assets from declining linear TV, with investor interest supported by $17.5 billion in bridge financing. While the streaming division shows promising subscriber growth and revenue, the linear networks continue to struggle with declining revenues. The split is anticipated to create clearer valuation metrics, potentially re-rating the company's stock amid ongoing momentum in streaming.
Source: YAHOO