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Four years ago, David Zaslav clinched a debt-heavy deal to merge cable mainstay Discovery Inc. — which he’d run since 2006 — ...
Credit ratings agency Fitch Ratings on Wednesday downgraded Warner Bros Discovery to junk status following the company's ...
Warner Bros. Discovery Inc.'s plan to spin off television channels like CNN, TNT and Food Network from its studio and streaming businesses is causing angst in the bond market, with a big selloff ...
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Money Talks News on MSNWhat Do China Trade Talks and the Warner Bros. Split Have in Common?U.S.-China trade talks resumed in London, with negotiations that could ripple through global supply chains and tech stocks. Meanwhile, back in Hollywood, Warner Bros. Discovery announced a sweeping ...
Warner Bros. Discovery Inc.’s decision to split into two independent companies is a sign of a broader “shakeout” across a ...
The studio and cable conglomerate that David Zaslav created couldn’t overcome outside forces and massive debt.
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