Warner Bros. Discovery’s Credit Rating Cut to Junk Status by S&P, Citing Weak Linear TV Outlook

With the expected continued slide of Warner Bros. Discovery’s linear TV business, S&P Global Ratings has cut the media company’s credit rating to junk status. On Tuesday, S&P lowered its forecast for 2025 and ’26 for Warner Bros. Discovery, primarily due to the “continued revenue and cash flow declines at its linear TV operations,” which […]

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