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CNBC’s David Faber Predicts It's 'Relatively Clear' Media Giant Warner Bros. Discovery Is About to Be Split Up https://t.co/2Qeb1alh41
Warner Bros. Discovery shares climb as CNN parent weighs splitting company: report https://t.co/AqDMucZ15S https://t.co/5RhB2DQ7gD
$WBD moving towards splitting up the company
Warner Bros. Discovery is reportedly moving toward splitting the company, according to multiple sources cited by CNBC. The media giant, which owns CNN, has seen its shares climb amid speculation about the potential breakup. CNBC's David Faber has indicated that it is 'relatively clear' that Warner Bros. Discovery is about to be split up, reflecting growing market expectations of a strategic restructuring.
