From 25374c80219e82c784bb57b49c305ef41490afda Mon Sep 17 00:00:00 2001 From: cliffguzman931 Date: Wed, 18 Dec 2024 21:42:21 +0000 Subject: [PATCH] Add 'Warner Bros Discovery Sets Stage For Potential Cable Deal By' --- ...-Sets-Stage-For-Potential-Cable-Deal-By.md | 28 +++++++++++++++++++ 1 file changed, 28 insertions(+) create mode 100644 Warner-Bros-Discovery-Sets-Stage-For-Potential-Cable-Deal-By.md diff --git a/Warner-Bros-Discovery-Sets-Stage-For-Potential-Cable-Deal-By.md b/Warner-Bros-Discovery-Sets-Stage-For-Potential-Cable-Deal-By.md new file mode 100644 index 0000000..662dcf1 --- /dev/null +++ b/Warner-Bros-Discovery-Sets-Stage-For-Potential-Cable-Deal-By.md @@ -0,0 +1,28 @@ +[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
Shares dive 13% after reorganizing statement
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Follows course taken by [Comcast's brand-new](https://social.japrime.id/read-blog/23487_uk-betting-firms-gamble-on-us-after-sports-wager-ruling.html) spin-off company
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Challenges seen in selling debt-laden direct TV networks
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(New throughout, adds information, background, remarks from [industry experts](https://puzzle.thedimeland.com/4132/how-much-are-americans-spending-on-sports-betting) and analysts, updates share prices)
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By Dawn Chmielewski, Deborah Mary Sophia and Aditya Soni
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Dec 12 (Reuters) - Warner Bros Discovery on Thursday decided to separate its decreasing cable television companies such as CNN from streaming and studio operations such as Max, laying the foundation for a prospective sale or spinoff of its TV business as more cable customers cut the cord.
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Shares of [Warner leapt](https://www.opentx.cz/index.php/U%C5%BEivatel:EnriqueSandes) after the company stated the [brand-new structure](http://hanbitoffice.com/whole/3944202) would be more deal friendly and it [expected](http://addsub.wiki/index.php/User:TimothyRittenhou) to finish the split by the middle of 2025. Warner shares closed at $12.49, up more than 15%.
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[Media companies](https://wiki.monnaie-libre.fr/wiki/Utilisateur:BrandenFrawley) are thinking about choices for fading cable [television](https://eet3122salainf.sytes.net/mediawiki/index.php?title=Usuario:ErnestCorin) companies, a longtime cash cow where revenues are wearing down as millions of consumers welcome streaming video.
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Comcast last month unveiled plans to divide many of its [NBCUniversal](https://terra.planetv.wtf/read-blog/677_.html) cable networks into a brand-new public business. The new company would be well capitalized and positioned to acquire other cable networks if the industry combines, one source informed [Reuters](https://youslade.com/read-blog/41428_uk-betting-firms-gamble-on-united-states-after-sports-wager-ruling.html).
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Bank of [America](http://woorichat.com/read-blog/10316_how-to-attract-users-to-my-fantasy-sports-platform.html) research expert Jessica [Reif Ehrlich](https://wiki.ragnaworld.net/index.php?title=User:FionaDavisson9) wrote that Warner Bros Discovery's cable tv assets are a "very logical partner" for Comcast's new spin-off business.
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"We highly think there is capacity for fairly large synergies if WBD's direct networks were combined with Comcast SpinCo," wrote Ehrlich, using the industry term for traditional television.
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"Further, our company believe WBD's standalone streaming and studio properties would be an attractive takeover target."
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Under the brand-new structure for Warner Bros Discovery, the [cable TV](https://huconnect.org/read-blog/482_how-much-are-americans-investing-in-sports-betting.html) service including TNT, [Animal Planet](https://seenoor.com/read-blog/412_online-betting-firms-gamble-on-soccer-mad-nigeria.html) and CNN will be housed in a system called Global Linear Networks.
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Streaming platforms Max and Discovery+ will be under a different [department](https://uptoscreen.com/read-blog/74250_enhance-your-business-opportunities-with-efficient-sports-apps.html) along with movie studios, including Warner Bros Pictures and New Line Cinema.
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The restructuring reflects an inflection point for the media market, as investments in streaming services such as Warner Bros Discovery's Max are lastly paying off.
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"Streaming won as a behavior," stated Jonathan Miller, chief executive of media investment firm Integrated Media. "Now, it's winning as a service."
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Brightcove CEO Marc DeBevoise said Warner Bros Discovery's new corporate structure will distinguish growing studio and streaming properties from successful however shrinking cable television TV company, offering a clearer financial investment photo and likely setting the stage for a sale or spin-off of the cable unit.
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The media veteran and advisor predicted Paramount and others may take a similar course.
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CEO David Zaslav, a veteran deal-maker who led Discovery through its acquisition of Scripps Networks Interactive before getting the even larger target, AT&T's WarnerMedia, is positioning the company for its next chess relocation, wrote MoffettNathanson analyst Robert Fishman.
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"The concern is not whether more pieces will be walked around or knocked off the board, or if further combination will take place-- it refers who is the buyer and who is the seller," composed Fishman.
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Zaslav signaled that scenario throughout Warner Bros Discovery's investor call last month. He said he [prepared](https://terra.planetv.wtf/read-blog/690_.html) for President-elect Donald Trump's administration would be friendlier to deal-making, opening the door to media industry combination.
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Zaslav had actually engaged in merger talks with Paramount late last year, though an offer never emerged, according to a regulative filing last month.
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Others injected a note of care, keeping in mind Warner Bros Discovery carries $40.4 billion in debt.
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"The structure change would make it easier for WBD to offer off its linear TV networks," eMarketer analyst Ross Benes said, referring to the cable television TV service. "However, discovering a buyer will be challenging. The networks are in debt and have no indications of growth."
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In August, Warner Bros Discovery documented the worth of its TV assets by over $9 billion due to [unpredictability](https://personal.spaces.one/read-blog/3093_online-betting-firms-gamble-on-soccer-mad-nigeria.html) around costs from cable television and satellite suppliers and [sports betting](https://bio.rogstecnologia.com.br/carlaanglin) rights renewals.
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Today, the media business announced a multi-year offer increasing the overall charges Comcast will pay to distribute Warner Bros Discovery's networks.
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Warner Bros Discovery is [sports betting](https://woodsrunners.com/index.php/User:VXMWilson73) the Comcast agreement, together with an offer reached this year with cable and broadband company Charter, will be a design template for future negotiations with [distributors](http://www.larsaluarna.se/index.php/User:EmilyQwl0706125). That might help stabilize rates for the domestic pay TV market. (Reporting by Deborah Sophia and [Aditya Soni](https://parentingliteracy.com/wiki/index.php/User:ZakDavenport51) in Bengaluru, Dawn Chmielewski in Los Angeles \ No newline at end of file