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.

Warner Bros. Discovery is dividing its assets into two separate publicly traded companies, the media conglomerate announced Monday. The move will put the company’s iconic movie studio ...

The film is the latest part of a startling turnaround for the studio, which has now released five consecutive hits.

Warner Bros. Discovery plans to split into two companies by separating its studios and streaming from cable TV networks to better compete in the evolving media landscape.

At the end of March, Warner Bros. Discovery had gross debt of $38.0 billion, which is comprised of “total debt” ($37.4 billion) and financial leases ($535 million).

Warner Bros. Discovery shares are down 60 percent since AT&T’s WarnerMedia and Zaslav’s Discovery Inc. merged in April 2022. The stock fell nearly 3 percent Monday, closing at $9.53.

Warner Bros. Discovery's planned split will separate streaming/content from linear assets, hopefully unlocking value. Read why WBD stock is a Buy.

Warner Bros. Discovery WBD0.69%increase; green up pointing triangle Chief Executive David Zaslav loves the 1941 Humphrey Bogart classic “The Maltese Falcon” about a group of unsavory ...

The streaming landscape continues to evolve rapidly, with Netflix NFLX and Warner Bros. Discovery WBD representing two ...

Bonds rated in the CCC range have gained 0.75% this month through Thursday, outpacing all other ratings tiers, including ...