Most definitely, Warner Bros. Discovery will be sacked! According to a recent report, plans call for the media behemoth to be split in half, leaving one deeply in debt.
The Warner Bros. Discovery buy is among the worst business mistakes ever. The newly formed company has a debt of over $50 billion, which resulted from the merger of the two companies. CEO David Zaslav started bringing the weedwhacker to fresh events, starting to tarnish the company’s reputation with artists and customers. Besides, he did not actively address the problem.
In three years, Warner Bros. Discovery plans to split once more into two companies. David Zaslav will still oversee the first one, which will centre on “Streaming & Studios,” even though neither company has a name yet. Should the split go as planned, Gunnar Wiedenfels, now CFO for Warner Bros. Discovery, will take over as CEO of the second company with an eye toward “Global Networks.”
For DC, Warner Bros. Discovery, and other companies, this gulf
All the average person has to do is focus primarily on the debt component of this formula. Following the split, most of Warner Bros. Discovery’s debt will be assumed by the “Streaming & Studios” group David Zaslav will still be guiding. This most likely gives managers and investors the confidence to carry out more important financial changes to their particular initiatives. Nevertheless, it won’t influence their decision-making, thus the content they create will stay the same (sorry, cartoonists).
While “Global Networks” has had a poor year, Warner Bros. Discovery’s “Streaming & Studios” division has had an amazing one. Most of WBD’s present debt will be theirs to pay for, about $37 billion. This suggests that even fewer budgets will probably be allocated for the shows under their direction, Discovery Plus, CNN, and TNT, among others. Most likely, in the next years, the “Global Networks” company will be looking for another company to acquire. Apple or Paramount most likely companies would take their offer.
