Analysts Urge Warner Bros. Discovery to Restructure Amid Financial Struggles
Bank of America suggests asset sales, mergers, and strategic spinoffs to unlock shareholder value as stock continues to decline.
- Warner Bros. Discovery shares rose 7% following the analysts' report.
- The company's stock has dropped 70% since its 2022 merger.
- Analysts propose selling assets like CNN or merging with a broadcast network.
- A strategic spinoff could separate streaming and studio assets from linear TV.
- The company's significant debt load complicates potential restructuring plans.