News

WBD’s David Zaslav, Gunnar Wiedenfels Break Down Split That Will See Standalone Companies “Free And Clear” For M&A
Gunnar Wiedenfels is getting his own company to run. It will soon be open season for media M&A. Discovery+ and HBO Max are ...
Moguls Take Aim at Zaslav’s Vision of WBD as Company Splits: ‘It Was a Failure’
Said one top executive: "It’s a deal that never had a shot and shouldn’t have been done. But they’ve also done a terrible job ...
Warner Bros. Discovery Breakup Cues Hollywood’s Latest Succession Drama As Two New Companies Take Shape
Monday's news that Warner Bros. Discovery is splitting into two companies has fueled chatter about which execs will end up ...
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 ...
“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 ...
Warner Bros. Discovery to Split Into 2 Companies: Cable Channels and Studios, Streaming
WBD CEO David Zaslav will become president and CEO of Streaming & Studios, with CFO Gunnar Wiedenfels in charge of Global ...
The New York Sun1d
Fear Grips CNN as Ruthless Cost-Cutter Takes the Helm as It Is Set To Be Spun Off From Its Parent Company
‘We will continue to be very focused on efficiency,’ says Gunnar Wiedenfels, the new CEO.
Warner Bros. Discovery to Split Into Two: Streaming and Studios, Global Networks
Hollywood conglomerate Warner Bros. Discovery on Monday made it official, unveiling plans to separate the company, in a ...
Warner Bros Discovery To Split Into Two Companies, Streaming & Studios And Global Networks
Warner Bros Discovery will split into two companies as Streaming & Studios will separate from Global Networks.