Warner Bros. Discovery’s restructuring costs are beginning to take shape. The company said in a securities filing that it expects to take $3.2 billion to $4.3 billion in pre-tax restructuring charges tied to its WarnerMedia acquisition
On Monday the company said in a securities filing that it expects to take $3.2 billion to $4.3 billion in pre-tax restructuring charges tied to its WarnerMedia acquisition, including writedowns related to content of between $2 billion to $2.5 billion.
WBD has been engaged in what it has called a “global strategic review of content” since the WarnerMedia deal closed, canceling projects, nixing development and shelving unproductive library content. In its first quarter after the deal closed, itRelated Stories
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