Can't make this up - WDB is now planning to split up into two public companies once again, sometime next year. They will separate into a streaming and studios company (including HBO Max), and a global networks company (including CNN, TNT Sports, and Discovery). Current CEO David Zaslav will lead the streaming / studio company, while CFO Gunnar Wiedenfels will become CEO of the global networks business.
Warner Bros. Discovery
WBD
NASDAQ
IPO2005
about WBD
Warner Bros. Discovery is a leading global media company offering entertainment and factual programming across streaming platforms, cable networks, and other digital content.
| type | open | high | low |
market cap |
volume |
|---|---|---|---|---|---|
| stock | $28.55 | $28.85 | $28.19 | $71.6B | 70.75M |
| eps |
price to earnings |
price to sales |
operating margin |
profit margin |
yield |
| -$0.06 | 64.32 | 7.76 | 6.76% | -1.58% | 0.85% |
HBO Go -> HBO Max -> Max -> HBO Max -> Warner Bros Max ?
In a shocking turn of events, Warner Bros. shareholders give a thumbs-down to CEO David Zaslav's $50 million dollar pay package, despite it being a mere advisory note. No gold star for you!