The stock price has fallen by nearly 70%, Warner Bros. Discovery Channel is still unwilling to split its business
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Warner Bros. Discovery's leadership is unwilling to spin off its traditional television network from its streaming and movie studio businesses, hoping to avoid a company split. The company's stock price has dropped nearly 70% since the merger. Although a spin-off may seem attractive on paper, it would bring significant operational challenges and could lead to litigation and complex content transfer issues. The CEO and CFO are considering selling other assets. Warner Bros. Discovery will announce its second-quarter performance on Wednesday. The stock price has fallen more than 30% year-to-date
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