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).

Creditors of Warner Bros. Discovery (NASDAQ:WBD) have agreed to a debt deal that would allow the media company to split into two, according to a Wall Street Journal report from Monday. To effect ...

For instance, “Creditors of Warner Bros. Discovery are consulting advisers after the company proposed banning investor co-operation pacts as part of its plan to split, the Wall Street Journal ...

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 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.

Warner Bros. Discovery is to split into two, separating streaming and studios from its cable channels. The company has been burdened by debt and the decline of cable TV.

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 are ...

Warner Bros. Discovery declined to comment. As of the end of the first quarter of 2025, Warner Bros. Discovery had $38.0 billion in gross debt, after paying off about $2.2 billion in the period.

Warner Bros. Discovery is splitting into two separate publicly traded companies – one oriented around the HBO Max streaming service and Warner Bros. studio, and the other around CNN and other ...

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 moves.

Warner Bros. Discovery declined to comment. As of the end of the first quarter of 2025, Warner Bros. Discovery had $38.0 billion in gross debt, after paying off about $2.2 billion in the period.