>>15753162Search Labs | AI Overview
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Warner Bros. Discovery (WBD) is currently considering a number of options to address its debt, including splitting its business or selling its streaming service and movie studio. Some of the issues WBD has faced include:
Debt: WBD's debt has been a major focus, with the company reporting a gross debt of $53 billion after its merger in 2022. As of June 2024, WBD's total debt was $40.95 billion.
Stock price: WBD's stock has fallen by about two-thirds since the merger, and has struggled for some time.
Layoffs: WBD has made many cuts and layoffs to help pay down its debt.
Streaming: WBD's streaming platform has yet to achieve critical scale.
Linear pressures: WBD has been facing increasing linear pressures.
CEO David Zazlav is examining several options for the company, including separating its streaming and studios businesses from its television networks
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