In 2021, Warner Bros. merged with Discovery, creating a streaming giant, but soon faced challenges like a wave of canceled projects due to tax breaks. Now, as it prepares to split back into two companies, it highlights a notable trend: traditional television may have enduring strength despite Warner Bros. Discovery’s considerable debt of $38 billion. Current CEO David Zaslav will lead the streaming side while CFO Gunnar Wiedenfels will head traditional TV, which might prove crucial given recent comments about funding cuts for streaming content.
If Tony Gilroy had to fight for funding for Andor Season 2, maybe streaming really is dead.
The company is confident that traditional television has the legs to overcome even this massive debt.
Collection
[
|
...
]