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vitorgrs t1_j9safz1 wrote

Reply to comment by WR810 in Warner Bros. Discovery Sees $2.1 Billion Loss in Q4 After Big Writedown; Ad Sales Tumble by Neo2199

Again, I never said they wouldn't need that. I'm saying Discovery created a even BIGGER problem, because they literally created 30bi more in debt. It's that simple actually.

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WR810 t1_j9sbqo7 wrote

>It's that simple actually.

Again, I'm telling you that it's not.

Discovery didn't create billions in debt. That debt existed on a AT&T balance sheet from well before the merger. Discovery just moved that debt from AT&T's balance sheet to their balance sheet in return for Warner Brothers (basically). The liabilities attached to Warner Brothers were nothing new.

As per my second comment we would see cuts and reductions in Warner Brothers if AT&T sold or not because AT&T was in debt and because AT&T mismanaged Warner Brothers.

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