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Warner Bros. Discovery, this company connected to two public companies, and the main company of HBO and CNN, said that the parent company will be divided into sterent cable television networks and dividing the flow work.
Breakup, global conglomerates, content, distribution, distribution, distribution, and in some cases the latest opening of media consolidation arising in telecommunications areas. Fell WarnerMedia and a combination before intelligence In 2022, the flow and studios aims to conduct a growing research from the Network section of the network.
New Stream-studio company Warner Bros., DC Studios and HBO Max – Warner Bros. Crown Jewels – Discovery’s Entertainment Library.
A network of networks owning a 20 percent stake in colleague, CNN, TNT Sports and Bleaching Report.
CEO David will lead the unit of flowing and studios, CFO Gunnar Wiedenfels will lead the unit of networks. Separation is expected to be installed as a tax-free operation and will be completed in mid-2026.
“We continued to analyze how our industry develops,” Zaslav investors. “The right way became clearly further … to separate global networks and streams and studios to two independent, obvious companies.”
Most of the company’s debt will be held by global networks. Warner Bros. Discovery had borrowed $ 38 billion in March. The company said that this was reported to reconstruct $ 17.5 billion from JP Morgan to reconstruct debt.
Shares were about three percent less than a few hours after the announcement of up to 13 percent.
Reserve since unification
Warner Bros. Discovery shares have been 60 percent since the combination, a cable subscriber loss, harsh flow contest and investor debt is interested in the direction of the company.
Brian Wieser, a consulting company for Madison and CEO, Media, Technology and other companies, said Splitin Warner will not fix the basic weakness in the discovery of Bros.
If there is something, Wieser, “” To improve existing operations or gain new opportunities for growth “or after new opportunities, such a bargain can do both sides of the company until the transactions are closed.”
Media executors first waited for a consolidation wave near the US President Donald Trump’s leadership.
“For a number of reasons, everyone proved more than he thought,” said Jonathan Miller, a Veteran Media Executive Director who now serves as a CEO of the Integrated Media. “It looks like we will fulfill our house on the characteristics of this year, and so we can do it under our prestige.”
Comcast is the majority of the portfolio of its NBCuniversal cable networks to a separate companyVerant. Lions Gate entertainment completed the separation of the Starz Cable Network from the Film and Television Studio in May.
Such splitting of media conglomerates can appoint the stage to make the stage more agreeable, a veteran media executor said in anonymity.
Last week, 59 percent of the warning Bros, the explorers, executive salary packages, including 21.9 million US dollars, 51.9 million US dollars, and a consultant who expressed dissatisfaction voted in the voting.
Like other entertainment companies, Warner Bros. Discovering is struggling with ratings and income in cable networks. Consumers have dropped payment and television subscribers in favor of flow services.
