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Layoffs are hitting the Warner Bros. Motion Picture Group, reducing its staff by 52 people, according to an internal memo to ...
There’s a bullish Zas story when you sit with the business types – not crazy lefties in Hollywood who still haven’t forgiven ...
Warner Bros. Discovery Inc. was downgraded to junk by Moody’s Ratings, cementing the media giant as a fallen angel just years after it sold one of the biggest high-grade bond deals on record.
Since then, Warner Bros. Discovery has cut thousands of employees, projects and other expenses to pay down the enormous debt to finance the 2022 merger. The company’s cable channels were hit ...
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).
The Warner Bros debt is expected to make up a little over 1% of the ICE BofA High Yield Index upon its eventual inclusion, the analysts said, adding that some 35% of high-yield bond portfolios ...
Zinger Key Points BofA keeps Buy on Warner Bros., citing asset strength, ad rebound, and spin-off potential. Debt downgrade seen as positive for WBD equity, boosting flexibility for strategic ...
In simple terms, that means investors see the company’s debt as risky. Warner Bros. Discovery is carrying around $34 billion in debt, much of it taken on during the original merger.
Warner Bros. Discovery expects to complete the split by the middle of 2026. "By operating as two distinct and optimized companies in the future, we are empowering these iconic brands with the ...
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