Warner Bros. Discovery to split
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Coupled with the HBO Max reversion that occurred just last month, the redivision of WBD might be yet another obvious indication that Zaslav should probably not have custody of so much American cultural history.
Communications-services companies rose amid anticipation for more deal activity in the sector. A major advertising forecaster, WPP Media, said global trade disruptions and economic deglobalization have led it to cut ad revenue growth expectations for 2025 to 6%,