Warner Bros Discovery Wants to Split in 2. Will Either Stock Be a Buy?
Briefly

Warner Bros. Discovery has announced a split into two publicly traded companies by mid-2026: WBD Streaming & Studios and WBD Global Networks. This restructuring seeks to separate its expanding streaming business from its struggling cable networks. Given WBD's troubled history, significant debt, and falling stock prices since its merger, this move aims to enhance focus and potentially improve investor confidence. Yet, the division raises questions about future valuation and market prospects.
WBD's $38 billion debt, declining cable business, and streaming struggles have driven a 60% stock drop since the 2022 merger.
This seismic restructuring aims to untangle WBD's diverse assets by separating its high-growth streaming and studio operations from its declining cable networks.
Read at 24/7 Wall St.
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