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RE: LeoThread 2025-12-05 01-09

in LeoFinance17 hours ago

Part 2/9:

Warner Brothers Discovery’s financial predicament became glaringly apparent during its merger with Discovery. It was disclosed that the combined entity was over $50 billion in debt, a staggering figure that raised questions about the company's financial health. In an effort to mitigate the crisis, CEO David Zaslav, who came from Discovery, has embarked on aggressive cost-cutting strategies. These include halting various projects—most notably, the controversial cancellation of the Batgirl movie—which was reportedly either completed or near completion but was shelved to save money.