That's basically the pitch the management of Warner Bros.
Discovery is floating to investors today, via a story in the Financial Times: "A dramatic plan to split its digital streaming and studio businesses from its legacy television networks."
And would the money from those declining networks be enough to service all that debt?
Apple, most notably, inquired about buying HBO way back when its parent company was called Time Warner.
If WBD can't split the company the way it's supposedly proposing now, it will end up selling off assets (maybe CNN?
Persons:
That's, WBD, I've, hasn't, Pimple Popper, HBO hasn't, Jessica Reif Ehrlich, Rich Greenfield, you'll, it's, Time Warner, David Zaslav —, Donald Trump, he's, Zaslav
Organizations:
Service, Warner Bros, Financial, Business, HBO, Max, CNN, Netflix, Big Tech, Apple, Time, Sun, Paramount