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Confusion over how the media giant plans to restructure its debt following a spinoff of cable channels like CNN and TNT have ...
By Dawn Chmielewski and Matt Tracy (Reuters) -Warner Bros Discovery bondholders overwhelmingly approved a plan to split the ...
Warner Bros. Discovery Inc. was downgraded to junk by Moody’s Ratings, cementing the media giant as a fallen angel just years ...
I carefully reviewed Warner Bros. Discovery's tender offer for my Discovery Communications bonds. Check out the insights on ...
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.
Despite a credit downgrade from S&P Global, the BofA team maintains a "buy" rating for the David Zaslav-run company and says a potential split of studios and streaming could see both WBD divisions ...
Warner Bros. Discovery has been downgraded to BB+, or junk bond status, for 2025 and 2026 by S&P Global over linear TV weakness as the Hollywood studio continues to pivot to the streaming space.
Warner Bros. Discovery reportedly is slashing 1,000 jobs as the struggling media giant faces calls to sell off assets that include ratings-challenged CNN. The layoffs, which began earlier this ...
The downgrades result in Warner Bros. Discovery becoming a "fallen angel," the term for companies whose bonds are reduced from investment grade to junk. Much of Wednesday's selloff was likely ...