Warner Bros. Discovery Inc. Bond Selloff and Debt Downgrade

SOURCE www.marketwatch.com
Warner Bros. Discovery Inc. faces bond selloff and debt downgrade as it plans to spin off television channels from its studio and streaming businesses, causing confusion in the market.

Key Points

  • Warner Bros. Discovery Inc. faces bond selloff following ratings downgrade to junk status
  • Confusion in the market due to planned spin off of television channels from studio and streaming businesses