'Warner Bros. Discovery Negotiating $500 Million Deal to Sell Film and TV Music Publishing Assets' -Variety
Portfolio Pulse from Benzinga Newsdesk
Warner Bros. Discovery is in talks to sell its film and TV music publishing assets for $500 million, as the company seeks to streamline its operations.
June 22, 2023 | 8:30 pm
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Warner Bros. Discovery is negotiating a $500 million deal to sell its film and TV music publishing assets, potentially impacting WBA's stock.
The sale of Warner Bros. Discovery's film and TV music publishing assets could streamline the company's operations, but it is unclear how this will directly impact WBA's stock price in the short term.
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