S&P Downgrades Warner Bros. Discovery To Junk Status On “Weak Credit Metrics” That Would Get Worse If Company Splits

Warner Bros Discovery Credit Rating Cut to Junk Status by S&P — Studio is Over $38 Billion in Debt

In a move that signals serious trouble for one of the biggest names in entertainment, S&P Global Ratings has officially downgraded Warner Bros. Discovery credit rating to junk bond status, citing an ongoing collapse of its cable television operations that continues to overshadow any forward momentum in streaming. The post Warner Bros Discovery Credit Rating Cut to Junk Status by S&P — Studio is Over $38 Billion in Debt appeared first on That Par…

S&P Downgrades Warner Bros. Discovery To Junk Status On “Weak Credit Metrics” That Would Get Worse If Company Splits

S&P downgraded Warner Bros. Discovery to junk status amid revenue and cash flow declines at linear TV. networks. It said a split in two wouldn't help.

S&P: Weaker Linear TV Performance Hurting Warner Bros. Discovery

S&P said Tuesday it was lowering its credit outlook for Warner Bros. Discovery due to challenges with its linear TV networks. Accelerating revenue declines at the networks, plus higher costs from newly acquired sports rights content, will offset growth at...

S&P marks WBD ‘junk’

S&P has downgraded Warner Bros Discovery (WBD) debt to BB+. Anything BB+ and below is junk bond status for the US credit agency. It said that, from a credit perspective, it’s not a fan of a possible WBD spin-out, teased by CEO David Zaslav last week after an internal split of the company into two […]

channelnews : Foxtel Stan Content Provider Warner Bros Downgraded To ‘Junk’ Rating

Donald Trump has already moved to try and protect Hollywood Studio’s now it’s been revealed that Warner Bros Discovery has been downgraded to below investment grade by S&P Global Ratings. The Company whose content has been a mainstay on Australian TV and Foxtel and Stan’s streaming operations currently holds approximately $38 billion in outstanding debt,...