Warner Bros. Discovery Lays Off Almost 1,000 Employees And It’s Looking Worse


Warner Bros Discovery isn’t the only company struggling with debt. Paramount Global is also having financial issues of its own, with the company recently signing a preliminary agreement with Skydance Media, according to which the latter would acquire Paramount’s parent company, National Amusement. As per the agreement, Skydance will merge with Paramount to create a “New Paramount,” but the transaction isn’t expected to close until September 2025.

As a result of its financial struggles, it’s not outside the realm of possibility for Warner Bros Discovery to split in half. The break-up approach seems to be the strongest option, and WBD could opt to sell some of its poor performers. Of course, this is only a speculation on our part.

Source: Deadline



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