Splitting Warner Bros. Discovery has its positives, but is also a ride on a dead-end street. Click here to find out why I am neutral on WBD stock.

I t’s been barely four days since Warner Bros. Discovery announced its plan to carve up the company anew, and we already have some idea of what the strategy looks like behind sp

S&P Global downgraded the media giant's unsecured bonds, put it on a negative credit watch and will review whether to lower the company's other ratings The post Warner Bros. Discovery Downgraded Further Into Junk Status Following Split Announcement appeared first on TheWrap.