Current Events > Apparently WB was $55 billion dollars in debt before Discovery merger.

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Tyranthraxus
09/30/22 5:45:19 PM
#1:


Suddenly all those cancellations by Zaslav starting to make more sense. I assume his real goal is to just balance the finances and then sell it to Comcast.

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MICHALECOLE
09/30/22 5:45:58 PM
#2:


55 billion dollars

55,000,000,000$ in debt

lmfao
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DeadBankerDream
09/30/22 5:46:03 PM
#3:


That doesn't sound like a lot for a big movie and multimedia company.


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Irony
09/30/22 5:46:51 PM
#4:


Man isn't that basically what Netflix's debt is

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Tyranthraxus
09/30/22 5:47:51 PM
#5:


DeadBankerDream posted...
That doesn't sound like a lot for a big movie and multimedia company.

If every DCEU movie cost $2 billion and made $0 then that wouldn't even account for half of the debt.

Basically WB is now where Marvel was 15 years ago.

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HornyLevel
09/30/22 5:48:33 PM
#6:


Where's the link?

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Tyranthraxus
09/30/22 5:48:55 PM
#7:


Irony posted...
Man isn't that basically what Netflix's debt is
Netflix has like 240 million subscribers they can afford that kind of debt

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AtelierGaming86
09/30/22 5:49:36 PM
#8:


Well yea, the DC movies were money pits

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Tyranthraxus
09/30/22 5:50:08 PM
#9:


HornyLevel posted...
Where's the link?

https://twitter.com/cartoonbrew/status/1561797230625005568?s=20

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#10
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Irony
09/30/22 5:50:56 PM
#11:


Tyranthraxus posted...
https://twitter.com/cartoonbrew/status/1561797230625005568?s=20
They're probably not going to reduce that figure soon

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Tyranthraxus
09/30/22 5:52:42 PM
#12:


Irony posted...
They're probably not going to reduce that figure soon

They might. One possible objective is to intentionally lower the price of the stock for buybacks. I'm going to assume Zaslav has a better understanding of how to shuffle around billions of dollars better than me for the time being.

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Trumpo
09/30/22 6:08:09 PM
#13:


We getting puts like some degenerates?

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Tyranthraxus
09/30/22 6:29:44 PM
#14:


Trumpo posted...
We getting puts like some degenerates?
Puts are probably going to be very expensive and not pay out well. I recommend short selling and hedging with calls.

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EyeWontBeFooled
09/30/22 6:31:47 PM
#15:


Tyranthraxus posted...
https://twitter.com/cartoonbrew/status/1561797230625005568?s=20
Yowch.

Good time to buy, maybe? I believe they can turn this around. I just want a good Superman film again.

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Tyranthraxus
09/30/22 6:33:28 PM
#16:


EyeWontBeFooled posted...
Yowch.

Good time to buy, maybe? I believe they can turn this around. I just want a good Superman film again.

I wouldn't touch anything until the books are closed for 2022 personally.

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Smashingpmkns
09/30/22 6:35:57 PM
#17:


The rumor is that NBC/Peacock is planning to buy in 2024. A really dumb situation all around and pretty bad for the consumer.

Forgot Comcast owns NBC lol

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lilORANG
09/30/22 6:40:25 PM
#18:


Dammit Zack Snyder

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EyeWontBeFooled
09/30/22 6:40:43 PM
#19:


Tyranthraxus posted...
I wouldn't touch anything until the books are closed for 2022 personally.
So around February, then. Got it.

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Payzmaykr
09/30/22 6:41:14 PM
#20:


Thats what they get for pressuring Johnny Depp to step down from the Fantastic Beasts franchise.

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Bandit_Keith
09/30/22 6:41:32 PM
#21:


AT&T saddled WB with a good amount of debt and then spinned them off as an independent company. lol

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008Zulu
09/30/22 6:42:29 PM
#22:


If only Warner Bros. had time to plan...

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andel
09/30/22 6:48:29 PM
#23:


how tf are they 55 billion in debt? that is insane

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