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David Zaslav just threw in the towel on his WBD experiment — and Wall Street is thrilled
Warner Bros. Discovery is splitting up after just over three years, and Wall Street is cheering. The spinoff will create a slew of new questions.
“Majority” of Warner Bros. Discovery’s $37 Billion in Debt Will Be Spun Off With TV Networks, Its CEO Says
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 2022 merger of WarnerMedia (owned by AT&T) and Discovery, Inc. created more than $50 billion of debt.
Who Is Gunnar Wiedenfels? WBD’s Cost-Cutting Finance Exec Picked as CEO of New TV Networks Spin-Off Comprising CNN, TBS, TNT, Discovery+ and More
Warner Bros. Discovery doesn’t have a name for its planned stand-alone TV-centric biz, but it does have a proposed CEO: Gunnar Wiedenfels, WBD’s iron-fisted money manager. As CFO at Warner Bros. Discovery,
Channing Dungey To Remain With Studios & Streaming Post-WBD Split; Few Executives With Dual Responsibilities Make For Clean Break
Channing Dungey (and maybe Brett Paul) will stay with Studios & Streaming post-WBD split. Few execs with dual responsibilities makes for clean break.
HBO Max to Launch in 12 Countries in July as WBD Streamer Closes in on 100 Markets (Exclusive)
Europe has been the fastest-growing international region for the streaming service, which is getting ready to accelerate its global growth strategy with the latest market debuts.
Did David Zaslav’s Grand Vision Fail? As WBD and Other Media Giants Move Pieces Around, They Can’t Outrun the Cable Math
Four years ago, David Zaslav insisted that Discovery Communications together with what was then called WarnerMedia was more than the sum of its parts. They had a “formidable” lineup of global assets, he said.
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