Anonymous
7/7/2025, 3:16:18 PM No.149300271
>Warner Bros Discovery said it would split into two publicly traded companies, separating its studios and streaming business from its fading cable television networks as the parent of HBO and CNN looks to compete better in the streaming era.
>Brian Wieser, CEO of Madison and Wall, an advisory firm for media, technology and other companies, said the split will not fix underlying WBD's weakness.
>"If anything, (it) could make them worse off by favoring financial engineering over focusing on improving existing operations or pursuing new opportunities for growth...a deal like this can hamstring both sides of the company until the transactions are closed," said Wieser.
Well... that didn't last long. They're also getting a new CEO, it's someone who has very little experience with the entertainment industry.
>Brian Wieser, CEO of Madison and Wall, an advisory firm for media, technology and other companies, said the split will not fix underlying WBD's weakness.
>"If anything, (it) could make them worse off by favoring financial engineering over focusing on improving existing operations or pursuing new opportunities for growth...a deal like this can hamstring both sides of the company until the transactions are closed," said Wieser.
Well... that didn't last long. They're also getting a new CEO, it's someone who has very little experience with the entertainment industry.
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