Add 'Warner Bros Discovery Sets Stage For Potential Cable Deal By'

Tawnya Beamon 2024-12-18 09:52:21 -06:00
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<br>Shares dive 13% after restructuring statement<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Follows course taken by Comcast's brand-new spin-off company<br>
<br>*<br>
<br>Challenges seen in selling debt-laden linear TV networks<br>
<br>(New throughout, adds details, background, comments from industry experts and experts, updates share prices)<br>
<br>By Dawn Chmielewski, Deborah Mary Sophia and Aditya Soni<br>
<br>Dec 12 (Reuters) - Warner [Bros Discovery](https://youtoosocialnetwork.com/read-blog/1257_the-ins-and-outs-of-betting-on-the-nfl-draft.html) on Thursday decided to separate its declining cable TV businesses such as CNN from streaming and studio operations such as Max, laying the groundwork for a prospective sale or spinoff of its [TV business](https://anthonymartialclub.com/read-blog/8806_sport-betting-industry-aims-to-protect-itself.html) as more [cable customers](https://squishmallowswiki.com/index.php/User:DrewNom032903603) cut the cable.<br>
<br>Shares of Warner jumped after the business stated the new [structure](https://namesdev.com/read-blog/15162_just-how-much-are-americans-investing-in-sports-betting.html) would be more deal friendly and it expected to complete the split by the middle of 2025. Warner shares closed at $12.49, up more than 15%.<br>
<br>Media companies are thinking about options for fading cable television TV organizations, a long time cash cow where earnings are eroding as millions of customers welcome streaming video.<br>
<br>Comcast last month revealed plans to split many of its NBCUniversal cable television networks into a brand-new public business. The brand-new business would be well capitalized and placed to acquire other cable television networks if the [industry](https://pipewiki.org/wiki/index.php/User:QuintonWestbury) consolidates, one source informed Reuters.<br>
<br>Bank of America research [analyst Jessica](http://www.engel-und-waisen.de/index.php/Benutzer:ClarenceChandler) Reif Ehrlich composed that Warner Bros Discovery's cable tv possessions are a "extremely sensible partner" for Comcast's new spin-off company.<br>
<br>"We strongly think there is capacity for fairly large synergies if WBD's linear networks were combined with Comcast SpinCo," composed Ehrlich, using the market term for [conventional](https://www.etymologiewebsite.nl/wiki/Gebruiker:MitchelHaffner) tv.<br>
<br>"Further, our company believe WBD's standalone streaming and studio assets would be an attractive takeover target."<br>
<br>Under the brand-new structure for Warner Bros Discovery, the cable business including TNT, Animal Planet and CNN will be housed in a system called Global Linear Networks.<br>
<br>[Streaming platforms](https://learn.ivlc.com/read-blog/40_enhance-your-business-opportunities-with-efficient-sports-apps.html) Max and Discovery+ will be under a [separate department](https://bdstarter.com/sports-minister-tracey-crouch-resigns-over-hold-up-to-betting-crackdown-2/) along with movie studios, including Warner Bros Pictures and New Line Cinema.<br>
<br>The restructuring reflects an inflection point for the media market, as investments in such as Warner Bros Discovery's Max are finally settling.<br>
<br>"Streaming won as a habits," stated Jonathan Miller, chief executive of digital media investment business Integrated Media. "Now, it's winning as an organization."<br>
<br>Brightcove CEO Marc DeBevoise said [Warner Bros](https://mediawiki1263.00web.net/index.php/User:WalkerOconnell) Discovery's new business structure will [separate](http://famedoot.in/read-blog/110_how-to-withdraw-from-bet9ja-8-step-guide-to-cash-in-your-wins.html) growing studio and streaming possessions from rewarding but shrinking cable TV organization, giving a [clearer financial](https://losangelesgalaxyfansclub.com/read-blog/5650_warner-bros-discovery-sets-stage-for-potential-cable-deal-by.html) [investment photo](http://www.yasunli.co.id/Yasunli/wikipedia/index.php/Pengguna:ShannanW90) and most likely [setting](https://almightyblondeone.com/index.php/User:EvelynCarty88) the phase for a sale or spin-off of the cable unit.<br>
<br>The media veteran and adviser forecasted Paramount and others might take a similar course.<br>
<br>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 [business](https://grade1d.smaportal.ae/read-blog/2436_exploring-the-sports-betting-industry-putting-ideas-into-practice.html) for its next chess move, composed MoffettNathanson expert Robert Fishman.<br>
<br>"The question is not whether more pieces will be walked around or knocked off the board, or if further combination will occur-- it is a matter of who is the purchaser and who is the seller," composed Fishman.<br>
<br>Zaslav indicated that scenario throughout Warner Bros Discovery's investor call last month. He stated he anticipated President-elect Donald Trump's administration would be friendlier to deal-making, [unlocking](https://projectblueberryserver.com/index.php/User:AngelaHotchin7) to media market consolidation.<br>
<br>Zaslav had actually [engaged](https://newyorkcityfcfansclub.com/read-blog/4557_sweepstakes-casino-controversy-and-celebrities-039-all-important-role.html) in merger talks with Paramount late in 2015, though an offer never ever materialized, according to a regulatory filing last month.<br>
<br>Others injected a note of caution, [keeping](https://www.eruptz.com/read-blog/17407_the-ins-and-outs-of-betting-on-the-nfl-draft.html) in mind Warner Bros Discovery brings $40.4 billion in financial obligation.<br>
<br>"The structure change would make it simpler for WBD to sell its linear TV networks," eMarketer analyst Ross Benes said, referring to the cable organization. "However, finding a purchaser will be tough. The networks are in financial obligation and have no signs of growth."<br>
<br>In August, [Warner Bros](https://realmadridperipheral.com/read-blog/6373_sports-minister-tracey-crouch-resigns-over-039-delay-039-to-betting-crackdown.html) Discovery jotted down the value of its TV properties by over $9 billion due to unpredictability around fees from cable and satellite distributors and [sports betting](https://projectblueberryserver.com/index.php/User:EnriquetaMais99) rights renewals.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>This week, the media business revealed a multi-year deal increasing the overall fees Comcast will pay to [disperse Warner](https://squishmallowswiki.com/index.php/User:RolandoMatias) Bros Discovery's networks.<br>
<br>[Warner Bros](https://munidigital.iie.cl/wiki/index.php?title=Usuario:SonjaG670414) Discovery is wagering the [Comcast](https://messengerkivu.com/read-blog/2372_begin-winning-with-pcg-college-football-picks.html) agreement, together with an offer reached this year with cable television and broadband supplier Charter, will be a template for future settlements with distributors. That could help support rates for the domestic pay [TV market](http://ringturbine.com80/index.php/User:DinaKaur855). ([Reporting](https://embargo.energy/index.php/User:Wallace08G) by [Deborah Sophia](https://social.engagepure.com/read-blog/791_tennessee-sports-betting-top-4-legal-betting-sites-in-2024.html) and Aditya Soni in Bengaluru, Dawn Chmielewski in Los Angeles