Warner Bros. Discovery reportedly mulls breaking up media giant to boost sagging stock

The media giant's market capitalization has fallen by a third to about $20 billion, and its stock has plunged nearly 70% since the company was formed via a merger between Warner Bros. and Discovery in 2022. 4 Warner Bros. DIscovery CEO David Zaslav is reportedly considering strategic options for his company, including a potential split of the TV assets from the streaming service and movie studio. REUTERS This could help its faster-growing streaming service spin off and achieve a higher valuation multiple, b ...