Warner Bros. Discovery Splits In Two: What To Look For Next

1. WBD will separate into two companies focusing on streaming and cable networks. 2. The separation reverses a merger from three years ago, complicating debt structures. 3. Challenges exist for the new companies, particularly in competing for sports rights. 4. WBD's strategy includes potential consolidation with similar media entities like Lionsgate. 5. Competitors like CBS and Paramount face significant operational challenges post-separation.