Warner Bros Discovery - Acquisition rumors cause stock surge at media company!

Business Driver: Warner Bros Discovery (WBD) is one of the world's leading players in the media and entertainment segment. With the recently announced realignment, which involves the spinoff into two independent, publicly traded companies, the media giant aims to return to a growth trajectory after being predominantly hindered by the loss-making corporate division Global Networks, which includes cable and free TV channels such as CNN, TNT, TBS, Discovery+. As part of the new corporate structure, the "Streaming & Studios" division, which is...